tag:blogger.com,1999:blog-9015906686514145823.post1167671179643167228..comments2023-09-07T08:53:57.262-07:00Comments on THE TIGER CAGE: Now's the Time to StrikeAnonymoushttp://www.blogger.com/profile/13156080225918567393noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-9015906686514145823.post-24687878770263177472010-07-04T21:23:22.164-07:002010-07-04T21:23:22.164-07:00Check out this song that one of my favorite blogge...Check out this song that one of my favorite bloggers wrote for Independence Day. Melds perfectly with the title of this post. <br /><br />http://tiny.cc/uj16x<br /><br />Your definition of roll is up to youAnonymoushttps://www.blogger.com/profile/13156080225918567393noreply@blogger.comtag:blogger.com,1999:blog-9015906686514145823.post-44713594637184678162010-07-03T11:09:36.588-07:002010-07-03T11:09:36.588-07:00Devaluation is the economic "nuclear option&q...Devaluation is the economic "nuclear option". Much of this problem could be solved simply by returning to the still quite reasonable taxation scheme of the 1990's, and lifting the wage base on the SS portion of the payroll tax.JMadisonhttps://www.blogger.com/profile/00390571815803175602noreply@blogger.comtag:blogger.com,1999:blog-9015906686514145823.post-25051943404158099612010-07-02T22:03:38.630-07:002010-07-02T22:03:38.630-07:00EXACTLY..BUT IT GETS COMPLICATED FROM HERE. It wo...EXACTLY..BUT IT GETS COMPLICATED FROM HERE. It would make the price of oil immediately to x's whatever you devalued by. Say it would go to $12 buck a gallon gasoline, ouch, but if the whole world devalued at the same time, think new world currency what would be the results long term. I think I just ran out of math, but with no other way out of the deficit problem , I say roll the dice. Some argue we still need to buy Chinese junk, I say not at these prices, I'll wait till some North American makes it. There's little we import that we need tomorrow. Oh I can think of all kinds of problems, but not as big as the ones Austerity will cause. Think WW3, shit we might get that one anyway, but I'm willing to take the chance.Anonymoushttps://www.blogger.com/profile/13156080225918567393noreply@blogger.comtag:blogger.com,1999:blog-9015906686514145823.post-17614492894268239082010-07-01T14:09:48.660-07:002010-07-01T14:09:48.660-07:00Inflation, i.e. devaluation of the dollar, rocks. ...Inflation, i.e. devaluation of the dollar, rocks. Let's say that back in the day when $100 was worth $100, you got paid $100 per week and you accumulated $100 in debt. Now lets say the value of the dollar has been cut in half, meaning that $100 in today's dollars is $200. You get paid $200, but the debt you accumulated back in the day is still only $100--it is not adjusted for inflation. That makes the loan twice as easy to pay off--hell, it might even revive a toxic asset.Juniorhttps://www.blogger.com/profile/17663543361226369194noreply@blogger.com