I found it interesting that you brought up the dinner talk dictionary thing and also when you touched on the importance of context in all that we look at to get a fuller understanding of inflation. Mr Reisman does give a wise viewpoint on inflation and money creation, as well as how to resurrect a gold standard.
And you brought a smile to my face when discussing Japan's economic history, the woes of central planning. I was working in the lumber industry at the time and in the 70s and 80s Japan was considered the unstoppable economic engine of the world. In the 90s it fell to the world beggar. As you say, the human tragedy does not seem to register in the minds of those who are responsible for creating them through the manipulation of the money supply.
The scale of the money manipulation you describe is mindboggling. I look forward to seeing what you have to say as to solving this problem.
I found it interesting that you brought up the dinner talk dictionary thing and also when you touched on the importance of context in all that we look at to get a fuller understanding of inflation. Mr Reisman does give a wise viewpoint on inflation and money creation, as well as how to resurrect a gold standard.
And you brought a smile to my face when discussing Japan's economic history, the woes of central planning. I was working in the lumber industry at the time and in the 70s and 80s Japan was considered the unstoppable economic engine of the world. In the 90s it fell to the world beggar. As you say, the human tragedy does not seem to register in the minds of those who are responsible for creating them through the manipulation of the money supply.
The scale of the money manipulation you describe is mindboggling. I look forward to seeing what you have to say as to solving this problem.