http://www.dailyreckoning.com.au/huge-inflation/2009/03/17/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 17:27:32 -0600 http://wordpress.org/?v=2.8 hourly 1 http://www.dailyreckoning.com.au/huge-inflation/2009/03/17/comment-page-1/#comment-70097 Jon Bain Wed, 18 Mar 2009 18:30:43 +0000 http://www.dailyreckoning.com.au/?p=5405#comment-70097 So the system requires a small amount of inflation so that those who are not in debt pay a bit extra for those that are in debt? Surely the ideal should be 0% inflation, or even deflation on necesities. We can then use the extra money on luxuries which then inflate allowing profit to be made on them. What I am suggesting is that we need deflation on necesities, and inflation on luxuries. I think? So the system requires a small amount of inflation so that those who are not in debt pay a bit extra for those that are in debt? Surely the ideal should be 0% inflation, or even deflation on necesities. We can then use the extra money on luxuries which then inflate allowing profit to be made on them. What I am suggesting is that we need deflation on necesities, and inflation on luxuries. I think?

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