Comments on: The Menace that is Deflation: 5 Specific Areas Where Deflation is Already Showing up. http://www.mybudget360.com/the-menace-that-is-deflation-5-specific-areas-where-deflation-is-already-showing-up/ Investing ideas for preserving wealth in a fluctuating market. Sat, 13 Mar 2010 01:35:24 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: please no Alex http://www.mybudget360.com/the-menace-that-is-deflation-5-specific-areas-where-deflation-is-already-showing-up/comment-page-1/#comment-3741 please no Alex Fri, 13 Feb 2009 14:57:23 +0000 http://www.mybudget360.com/the-menace-that-is-deflation-5-specific-areas-where-deflation-is-already-showing-up/#comment-3741 Alex said: In the short term we need to mandate a shorter work week of 35 hours with minimum overtime for all employer’s. This will force new employment and spread the hurt equally amongst everybody. This kind of thinking makes companies look more to overseas resources that are not as controlled. Please see how well this has worked for France. Part of what keeps me employed is that I can work a longer set of hours and produce more that way. Restrict how much I can produce and all that will be left are service jobs that can not be moved. Try to think what the business will do when you make these rules. Alex said:
In the short term we need to mandate a shorter work week of 35 hours with minimum overtime for all employer’s. This will force new employment and spread the hurt equally amongst everybody.

This kind of thinking makes companies look more to overseas resources that are not as controlled. Please see how well this has worked for France. Part of what keeps me employed is that I can work a longer set of hours and produce more that way. Restrict how much I can produce and all that will be left are service jobs that can not be moved. Try to think what the business will do when you make these rules.

]]> By: Jubilee Year http://www.mybudget360.com/the-menace-that-is-deflation-5-specific-areas-where-deflation-is-already-showing-up/comment-page-1/#comment-3524 Jubilee Year Sat, 07 Feb 2009 06:07:03 +0000 http://www.mybudget360.com/the-menace-that-is-deflation-5-specific-areas-where-deflation-is-already-showing-up/#comment-3524 Being without debt is really nice right now, but don't get too smug, because it also means you be without a job real soon. The only solution to debt deflation, other than the destruction of the economy, is debt cancellation. We need a modern Jubilee Year! Reset the financial system, before it takes us all down with it. Being without debt is really nice right now, but don’t get too smug, because it also means you be without a job real soon.

The only solution to debt deflation, other than the destruction of the economy, is debt cancellation. We need a modern Jubilee Year! Reset the financial system, before it takes us all down with it.

]]> By: Andy Clarke http://www.mybudget360.com/the-menace-that-is-deflation-5-specific-areas-where-deflation-is-already-showing-up/comment-page-1/#comment-2981 Andy Clarke Wed, 21 Jan 2009 03:28:35 +0000 http://www.mybudget360.com/the-menace-that-is-deflation-5-specific-areas-where-deflation-is-already-showing-up/#comment-2981 I didn't moan and groan during inflationary times when my dollar was devalued, making things cost more for me. Of course that was good for banks. Party's over Mr. Bankster. Deflation is here and I'm lovin' it! I didn’t moan and groan during inflationary times when my dollar was devalued, making things cost more for me. Of course that was good for banks.
Party’s over Mr. Bankster. Deflation is here and I’m lovin’ it!

]]> By: jomama http://www.mybudget360.com/the-menace-that-is-deflation-5-specific-areas-where-deflation-is-already-showing-up/comment-page-1/#comment-2686 jomama Tue, 23 Dec 2008 11:08:52 +0000 http://www.mybudget360.com/the-menace-that-is-deflation-5-specific-areas-where-deflation-is-already-showing-up/#comment-2686 I'm out of debt. Bring deflation on. OTH, if you're not out of debt, you won't like deflation as the man says. I’m out of debt. Bring deflation on.

OTH, if you’re not out of debt, you won’t like deflation as the man
says.

]]> By: hu? Jin DOW http://www.mybudget360.com/the-menace-that-is-deflation-5-specific-areas-where-deflation-is-already-showing-up/comment-page-1/#comment-2538 hu? Jin DOW Wed, 03 Dec 2008 01:48:54 +0000 http://www.mybudget360.com/the-menace-that-is-deflation-5-specific-areas-where-deflation-is-already-showing-up/#comment-2538 see Bill Boner, TDR, deflation now, soon inflation later. If funds, money, are disappearing where do they go? see Bill Boner, TDR, deflation now, soon inflation later.
If funds, money, are disappearing where do they go?

]]> By: Alex http://www.mybudget360.com/the-menace-that-is-deflation-5-specific-areas-where-deflation-is-already-showing-up/comment-page-1/#comment-2471 Alex Sat, 22 Nov 2008 15:54:50 +0000 http://www.mybudget360.com/the-menace-that-is-deflation-5-specific-areas-where-deflation-is-already-showing-up/#comment-2471 The focus of trying to bailout all these sectors of the economy is wrong. Company's exist because we as consumers purchase their product or service so the bailout should be the consumer and not the corporation. it's more Reaganomics same old trickle down bullshit that got us into this mess to begin with. We need to find a way of putting everybody back to work by taking the trillions of dollars we've been putting into these corporations and instead putting it into infrastructure programs like rebuilding the Gulf States that have been battered by Hurricanes or replenishing our roads, and electrical grid's that have been left to the corporate community who have done nothing more than let it run down so as to maximize profits. Corporations left to their own devices will do the least amount of work for the most profit including as above, limiting new investment outsourcing to offshore nations with lower labor costs and moving to part time rather than full time employees that cost less and don't require benefits or pensions. In the short term we need to mandate a shorter work week of 35 hours with minimum overtime for all employer's. This will force new employment and spread the hurt equally amongst everybody. Second we need to review all free trade agreements to ensure that they are also fair trade, having a free trade agreement with a country like Canada or England is good their labour rates and purchasing power are equal to ours so they can buy our product as easily as we can theirs but Mexico or China which has 1/10th of our labor cost well how fair is that. Third Mandate a national medical plan that doesn't bankrupt people when their hit by an unexpected illness. And fourth start to rebuild this nations infrastructure, roads bridges railway power grid. Nothing creates hope more than having a job a home and a future to look forward to, to many things we've taken for granted in our pursuit of greed and easy money. My dad always said theirs four of us they have to get past if we work together as a family otherwise if we don't we all struggle alone. The focus of trying to bailout all these sectors of the economy is wrong. Company’s exist because we as consumers purchase their product or service so the bailout should be the consumer and not the corporation. it’s more Reaganomics same old trickle down bullshit that got us into this mess to begin with.
We need to find a way of putting everybody back to work by taking the trillions of dollars we’ve been putting into these corporations and instead putting it into infrastructure programs like rebuilding the Gulf States that have been battered by Hurricanes or replenishing our roads, and electrical grid’s that have been left to the corporate community who have done nothing more than let it run down so as to maximize profits.
Corporations left to their own devices will do the least amount of work for the most profit including as above, limiting new investment outsourcing to offshore nations with lower labor costs and moving to part time rather than full time employees that cost less and don’t require benefits or pensions. In the short term we need to mandate a shorter work week of 35 hours with minimum overtime for all employer’s. This will force new employment and spread the hurt equally amongst everybody. Second we need to review all free trade agreements to ensure that they are also fair trade, having a free trade agreement with a country like Canada or England is good their labour rates and purchasing power are equal to ours so they can buy our product as easily as we can theirs but Mexico or China which has 1/10th of our labor cost well how fair is that. Third Mandate a national medical plan that doesn’t bankrupt people when their hit by an unexpected illness. And fourth start to rebuild this nations infrastructure, roads bridges railway power grid.
Nothing creates hope more than having a job a home and a future to look forward to, to many things we’ve taken for granted in our pursuit of greed and easy money. My dad always said theirs four of us they have to get past if we work together as a family otherwise if we don’t we all struggle alone.

]]> By: john of sparta http://www.mybudget360.com/the-menace-that-is-deflation-5-specific-areas-where-deflation-is-already-showing-up/comment-page-1/#comment-2466 john of sparta Sat, 22 Nov 2008 02:17:59 +0000 http://www.mybudget360.com/the-menace-that-is-deflation-5-specific-areas-where-deflation-is-already-showing-up/#comment-2466 deflation? ok. i like it. what's the problem? stocks? don't own 'em. gold? don't have it. gasoline is down 60%. butter and bread is Buy One get one Free. stuff Costs LESS. i can live with that. deflation?
ok. i like it.
what’s the problem?
stocks? don’t own ‘em.
gold? don’t have it.
gasoline is down 60%.
butter and bread is
Buy One get one Free.
stuff Costs LESS.
i can live with that.

]]> By: mybudget360 http://www.mybudget360.com/the-menace-that-is-deflation-5-specific-areas-where-deflation-is-already-showing-up/comment-page-1/#comment-2462 mybudget360 Fri, 21 Nov 2008 01:29:15 +0000 http://www.mybudget360.com/the-menace-that-is-deflation-5-specific-areas-where-deflation-is-already-showing-up/#comment-2462 Agreed Loren. However, I think we are experiencing deflation because of the debt destruction we are seeing. You simply cannot squeeze anything else out of this turnip. The consumer is broke. The central banks would love nothing more than inflation. They would love a weak and broken dollar. But that isn't happening. They are one step away from flying off a cliff. The markets already know this. Ben Bernanke hinted that he would drop money out of helicopters before letting a deflation hit. Can you hear the propellers yet? Agreed Loren. However, I think we are experiencing deflation because of the debt destruction we are seeing. You simply cannot squeeze anything else out of this turnip. The consumer is broke.

The central banks would love nothing more than inflation. They would love a weak and broken dollar. But that isn’t happening. They are one step away from flying off a cliff. The markets already know this.

Ben Bernanke hinted that he would drop money out of helicopters before letting a deflation hit. Can you hear the propellers yet?

]]> By: loren http://www.mybudget360.com/the-menace-that-is-deflation-5-specific-areas-where-deflation-is-already-showing-up/comment-page-1/#comment-2459 loren Thu, 20 Nov 2008 16:03:47 +0000 http://www.mybudget360.com/the-menace-that-is-deflation-5-specific-areas-where-deflation-is-already-showing-up/#comment-2459 I disagree that deflation is the menace. I think it is #1 the total debt load, and #2 the fact that the debt is tied to wasted resources. The debt is a menace and it's already here. It's like blaming the radiation or chemo treatments for your 2 pack a day lung cancer. The question is how do we rid the system of the debt. The natural process is deflation, the punish the innocient process is inflation. The central bank gets to choose. My guess is that they'll do whatever they see as benefiting their cronies the most. We haven't got a free market, we've got a kleptocracy, and it shows. I disagree that deflation is the menace. I think it is #1 the total debt load, and #2 the fact that the debt is tied to wasted resources. The debt is a menace and it’s already here. It’s like blaming the radiation or chemo treatments for your 2 pack a day lung cancer.

The question is how do we rid the system of the debt. The natural process is deflation, the punish the innocient process is inflation. The central bank gets to choose. My guess is that they’ll do whatever they see as benefiting their cronies the most.

We haven’t got a free market, we’ve got a kleptocracy, and it shows.

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