rtwngAvngr
Senior Member
- Jan 5, 2004
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- #21
Huckleburry said:Are you all suggesting a return to a Bretton Woods style exchange system? You are talking about the dangers of the current world system yet you are all being rather vauge. If we are to have a debate some specifics would be nice. Which goods should be included in the calculation of inflation? Which should not? Why is the US currency at risk? This is not mere semantics but rather the missing the ingredient to a spirited debate.
I look forward to your reply.
Huck.
Ps.
Big Blue Machin,
I made no comment on the size of the deficit. Merely that a well known and well proven economic relation-the phillips relation-proved your conclusion to be quite misguided. Nothing more, nothing less.
You're ready for specifics? That's a hoot. What were the specifics of you recent "economic theory expedition" to south america? What was your aim? what was your metric? How do you know you were successful? Or did you guys just take photos for the commie i.d. cards?