Recent Comments

1. about 2 hours ago on Prickly City

   Oxford English Dictionary:

   “Originally: an undue or excessive increase in prices, credit, the amount of money circulating, etc. Later (as a mass noun): increase in the quantity of money circulating, in relation to the goods available for purchase; a general increase in prices and fall in the purchasing value of money.”

   Note that the OED indiscriminately shmooshes together everything that’s ever been said to inflate. But history shows that it is the money supply that is causal. More money without a matching increase in goods and services → rising prices.

2. about 4 hours ago on Prickly City

   Rising prices is NOT inflation but a RESULT of inflation. It’s the difference between cause and effect. If a government prints (or otherwise poofs into existence) huge amounts of money, then prices will go up as they always have from at least the times of Ancient Rome.

3. about 10 hours ago on Prickly City

   A bit simplified but basically true. When governments create money by the trillions, prices will rise. History shows this in nation after nation, decade after decade.

4. about 10 hours ago on Prickly City

   “CEO controlled inflation”? A general rise in all prices is caused by the government increasing the money supply beyond economic production. CEOs have nothing to do with it. Free-market economists understand this; pro-statism economists refuse to understand it.

5. about 16 hours ago on Prickly City

   I think I still have a Whip Inflation Now button, probably with my Goldwater and Nixon/Lodge buttons. Yes, I was once a Republican, but that was before T-Rump ruined the GOP and forced me to do something I never dreamed I could: vote for a Democrat for President.

6. about 16 hours ago on Prickly City

   Ford was the last president I liked, in part because he never sought the presidency.

   A trick to understanding T-Rump is to realize how often he does what psychologists call projection, attributing to others his own faults. When he calls someone a liar, crook, or loser, it’s because he is admitting he is a liar, crook, or loser.

7. about 16 hours ago on Bottom Liners

   Shouldn’t that be two for the price of a dozen? That’s more like how inflation works.

8. about 16 hours ago on Bob the Squirrel

   He’s not kidding; he’s on the level.

9. 1 day ago on Ten Cats

   Yes, I know.

10. 1 day ago on Ten Cats

    UFO?!?!?!