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Originally Posted by Baraka_Guru
interesting question, but I don't think it's possible. Supply and demand will always be dynamic, thus making prices dynamic.
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Yes, prices will always be dynamic, but with the system we have now the currency is dynamic and the goods are dynamic. If we had a fixed currency it would be easier to set prices on goods and services and avoid the bubbles/crashes.
There's no reason for a good or service to increase in price outside of supply and demand unless there's a new feature or advancement in the product. I call what the fed does artificial inflation, because there's no new value added to the product, but the price goes up due to currency manipulation.
and to quote wikipedia lol
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Many have since agreed with Friedman and Schwartz's theory, including current Chairman Ben S. Bernanke, who said in a 2002 speech:
Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again.[18]
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