[lbo-talk] loving deflation

Shane Mage shmage at pipeline.com
Thu Aug 20 09:03:22 PDT 2009


On Aug 20, 2009, at 11:47 AM, Doug Henwood wrote:


> The other day I said that only right-wing nuts love deflation,

Who loves deflation? 1. Rentiers (a small minority) 2. Pensioners (a big minority, soon [historically] to be the majority)


>
> Hey, if you like 1929-32, you'll embrace this "ultimate cure"!

if you don't like 1929-32, don't you like 1939-1945 even less?

Shane Mage


> This cosmos did none of gods or men make, but it
> always was and is and shall be: an everlasting fire,
> kindling in measures and going out in measures."
>
> Herakleitos of Ephesos



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