dagblog - Comments for "Jobs: The Problem Government Doesn't Want to Solve"

I had quoted Kurt Cobb in a

Donal — Mon, 04 Apr 2011 15:46:12 +0000

In reply to Jobs: The Problem Government Doesn't Want to Solve

I had quoted Kurt Cobb in a previous post to the effect that commodity inflation leads to net deflation because paying more and more for heating oil, gasoline, and food pulls money from other sectors of the economy. So the people that do have money can pay less for all the gizmos the rest of us can't afford because we're spending our stagnant wages on more expensive commodities. The rich win again.

Well Destor as you well know,

Richard Day — Fri, 01 Apr 2011 20:02:51 +0000

In reply to Brilliant post. The division

Well Destor as you well know, the more fear the more output!!!

The overseer knew as much.

Brilliant post. The division

Michael Maiello — Fri, 01 Apr 2011 19:45:39 +0000

In reply to Jobs: The Problem Government Doesn't Want to Solve

Brilliant post. The division between wage and commodities inflation is telling. As is the division between income taxes and taxes on investments in the tax code. Seems like somebody wants to keep America's workers just a bit insecure at all times. It is the ultimate form of coercion.

Commodity inflation is okay

Richard Day — Fri, 01 Apr 2011 18:22:41 +0000

In reply to Jobs: The Problem Government Doesn't Want to Solve

Commodity inflation is okay since its benefits accrue to corporate interests but wage inflation accrues to the people.

I just never thought of it that way. But I recall coming across this theory years ago.

Amazing take on a conspiracy to keep the peasants down!

I know that commodity inflation is what the powers that be count on.