Quote from: jehst on September 11, 2015, 01:15:49 AM

Quote from: TPTB_need_war on September 11, 2015, 12:04:26 AM

[...]

But the government itself has tons of debt. Martin Armstrong predicts that by 2020 the government will be using most of tax revenue to pay interest. So although massive deflation makes people slaves to mortgages and student loans, it will also make the US government a slave to its creditors. Wouldn't the government want a middleground between hyperinflation and hyperdeflation?

(Red colorization mine.)

"[T]he government" (jehst) is a matador's cape, and "people" (jehst) his bull in chase.

Quote from: username18333 on August 27, 2015, 12:59:18 AM

Quote from: Thomas Paine, _Rights of Man_, 1791

Reason obeys itself; and Ignorance submits to whatever is dictated to it.

Even Aristotle (384‒322 BCE) would not understand: the capital or money is money because it is beloved of the one basis point (qtd. in username18333).