Chitownclark

Arguing Against Monetary Deflation

....<i>There is a stream of capital available for investment, which is a good thing....</i>

Not so! Why do we need investment? To make more of those abundant widgets, of which we all have plenty, falling out of our closets and under foot in the kitchen?

Those of us that have been searching for an anti-consumerist economic model it seems, would do well to consider the merits of Deflation. Just keep the money in a mattress, and it will grow. No stock tips, brokerage commissions, investment risks, capital gains taxes....etc, etc.

Isn't there a case to be made for Deflation?

Could Higher Oil Prices Force a Reassessment of Core Infllation?

<i>Food prices are out of sight and are hurting the average family at least as much as paying more at the pump.</i>

...and they'll continue to increase as we turn more of our foodstuffs into energy sources, until the rich/prosperous of the world cause widespread malnourishment and starvation.

But in its own way, this may be the self-regulating factor for which economists have been searching. Mass starvation causing populations to plummet...until the post-peak oil world establishes a new equilibrium between supply and demand...