Comments on: 5 Big E’s and Bush… the “Miserable Failure”. http://www.dailyreckoning.com.au/5-big-es-and-bush-the-miserable-failure/2008/01/29/ An independent perspective on the Australian and global investment markets Sat, 20 Mar 2010 15:07:19 +0000 http://wordpress.org/?v=2.8 hourly 1 By: David http://www.dailyreckoning.com.au/5-big-es-and-bush-the-miserable-failure/2008/01/29/comment-page-1/#comment-6447 David Wed, 30 Jan 2008 07:08:18 +0000 http://www.dailyreckoning.com.au/5-big-es-and-bush-the-miserable-failure/2008/01/29/#comment-6447 Thanks for that! Thanks for that!

]]> By: David http://www.dailyreckoning.com.au/5-big-es-and-bush-the-miserable-failure/2008/01/29/comment-page-1/#comment-6429 David Tue, 29 Jan 2008 07:14:22 +0000 http://www.dailyreckoning.com.au/5-big-es-and-bush-the-miserable-failure/2008/01/29/#comment-6429 Inflation seems just a part of life. We treat -in Australia at least- that everything getting "2-3%" more expensive every year is normal. I am not an expert on the workings of the economy, but was curious... Can economic growth occur without inflation? You guys always mention the "gold standard" a system that was phased out long before my time. Whilst that was in place, did "inflation" not exist? Or could it only occur to the exact same proportion as new gold was mined and made into bullion? Cheers! Inflation seems just a part of life. We treat -in Australia at least- that everything getting "2-3%" more expensive every year is normal. I am not an expert on the workings of the economy, but was curious... Can economic growth occur without inflation?

You guys always mention the "gold standard" a system that was phased out long before my time. Whilst that was in place, did "inflation" not exist? Or could it only occur to the exact same proportion as new gold was mined and made into bullion?

Cheers!

]]> By: Dayahka http://www.dailyreckoning.com.au/5-big-es-and-bush-the-miserable-failure/2008/01/29/comment-page-1/#comment-6415 Dayahka Tue, 29 Jan 2008 00:32:43 +0000 http://www.dailyreckoning.com.au/5-big-es-and-bush-the-miserable-failure/2008/01/29/#comment-6415 I detest George Bush, but I cannot see how you can pin all this on that "miserable failure." The more-debt-the-better policy (of Greedspan) was in effect at least 10 years before little George came along. I also don't see how you can leave out a completely corrupt legislative and judicial system. Lastly, how can you leave out Mr. and Mrs. America? I detest George Bush, but I cannot see how you can pin all this on that "miserable failure." The more-debt-the-better policy (of Greedspan) was in effect at least 10 years before little George came along. I also don't see how you can leave out a completely corrupt legislative and judicial system. Lastly, how can you leave out Mr. and Mrs. America?

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