> Inflation is primarily the result of unproductive > government spending. > If the government wants to limit inflation, they > should reduce unproductive government spending.
hmm, like the total cost of the pre-emptive invasion of iraq? http://www.nationalpriorities.org/costofwar_home > > I'd argue that historical data applies bounds > on both sides of the pure free > > market/socialist debate. Clearly, full socialism > doesn't work. It was tried by > > countries for decades, forced on the people by a > barrel of a gun, and we thus > > have decades of data on it. i would agree that socialism doesn't work well under totalitarian governments, certainly not as well as capitalism. singapore has been a powerhouse in southeast asia, for a small city state, as has hongkong (but much cleaner). the russian and chinese economies have grown tremendously under their new market strategies... jon _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
