There are of course some goods that this may not be true of. For instance, in areas where housing is very expensive to buy it may be less expensive to rent a a house than to own it. In addition renting a home rather than purchasing it has other advantages: in a rented house It would be easier and less expensive to move. However, a person may still be interested in purcahsing a home if they thought that we were in an inflationary period and the house was going to appreciate rapidly. That is because in the future they anticipate selling the house for more than they paid for it and reduce the total cost of living in the house substatially. On the other hand if market conditions were to change and deflation was expected it may make the most sense to sell real estate quickly. If substantial numbers of home owners make the decisicon to sell simultaneously then abrupt changes in prices could occur and home owners and mortagage holders could get burned. This would make houses less attractive and difficult to sell and would discourage the creation of more houses in an already flooded market.. This, of course explains the market conditions for housing in many parts of the country today.

Why do you regret giving mint.com your logins to your financial accounts? Thanks.

I think that the best way to have prevented this from happening in the first place would have been to either
A. Not print money (or)
B. Not print more money then what is held in gold

My logic (if you’d call it that is that a lot of confusion occurs when a pay check is reduced. As was pointed out, no one wants to go from making 10 bucks an hour to 8, even if it means that 8 dollars=11, it’s too psychologically frightening.

With a “moneyless” system, however you don’t have to worry about being the greedy bad politician who is lowering Minimum wage, because there was never a minimum wage in the first place. A dollar today would have the same value as a dollar had when the US dollar came to be. It’s value would be rooted on the value of gold (or whatever preciousness it would be valued on).

Of course, the ‘moneyless’ boat sailed out along time ago. The Inflation/deflation system has it’s tentacles too thoroughly around the economy for it to be shaken off (at least IMO).

Instead, if/when a cycle such as the deflation one occurs, the wise idea IMO, in addition to other things, would be to increase tariffs.
I know, there’s much hissing and gnashing of the teeth, but this is the logic (again most likely stretching the term:)

IF prices go up on foreign widgets, that means that purchasers gain a strong incentive to buy domestic (duh) and that domestics prices can afford to go up, since foreign buying prices are artificially raised to what ever the tariff tells it to be. Then prices go up, companies make the bones, and can afford to hire more people. Isolationist though this may be, it is what needs to happen in instances of deflation IMO, at least temporarily as an aid to help with deflation issues. Obviously if it is a state or local issue then state or local tariffs are called for.
Really a free global market only benefits the ones that are capable of competing in it, as that isn’t the majority of the American people, I can’t see how its in our nations interest.(though I am more then happy to learn:)
OF course, with things like NATO and other free market obligations, what can many do now? Stop the people who keep those things in place. duh.

(Crazy rant start)
I say people start using the system to rebuild the system. Voting, yes protesting great, but what about lobbyist groups? The power of the dollar rivals the power of the vote, and I am sure if the cash is right many would be politicians would champion the cause if it meant they’d have the doe to get elected. Imagine the amount of power the honest voter would have if lobbing was eliminated. Use lobbying to end lobbying. Sounds just crazy enough to work.(Crazy rant end)

When Reddit said

“The root causes of such apprehension are largely uninvestigated and simply assumed to be unresolvable without government intervention”

I am tempted to think that the cause of such apprehensions is a many faceted thing. Lack of ambition (guilty) is one of them, sub-par education another.