"Ed Huntress" wrote:

That's the third month in a row that inflation has dropped, Iggy. And if
you're worried about deflation (quite a few of the world's economists are,
for reasons I'm sure you understand), the price of gasoline dropping from
$3.50 to $2.20 (it's $2.21 today here in NJ) is enough to set off alarm
bells.

Why is that a worry? My simplistic view is that the market is working. I remember, quite
fondly, where gas hit $0.999 a gallon not so long ago. No one cried for a bail out of big
oil like we just did for banking.

I think the growth model is dangerous. It implies we need more to market to. Remember
when zero population growth was an item of interest?

When you look at our numbers as far as consumpution, we and the world would be better off
if there were fewer Americans, Canadians, and Europeans.

A world of 2 Billion would be far richer. And we waste time talking about global warming.

Some things need deflating.

Wes
--
"Additionally as a security officer, I carry a gun to protect
government officials but my life isn't worth protecting at home
in their eyes." Dick Anthony Heller