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Extropian Agroforestry Ventures Inc. wrote:<br>
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How does the USA balance a possible future solution to old debt via
massive inflation while keeping interest rates low<br>
in order to force old banked money out as risk capital? Change the
Fed rate?<br>
<br>
Might this only work if production efficiency from nano-bio ....
other... create a "Moore's derivative law" which allows for a
balancing claw back to repair the fundamental economy's debt crisis?<br>
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Kevin Freels wrote:
<blockquote cite="mid002d01c4c869$f4abfd50$36b22643@kevin" type="cite">
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<pre wrap=""><a class="moz-txt-link-abbreviated"
href="mailto:thespike@satx.rr.com">thespike@satx.rr.com</a> wrote:
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<pre wrap="">People get over lots of changes. When inflation
robs us of our savings, we sit there quietly or
muttering; there's hardly ever a bloody
revolution with bankers' heads on poles.
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Perhaps that is because so few people have savings and so many have debt.
One of the side benefits of inflation is that it destroys debt just as well
as it destroys savings...provided it is installment debt with a fixed
interest rate.
Kevin Freels
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