B' bye, Big Guy....

[David Morris]

How many XBoxes make a society venal?

But essentials, though commoditiezed, are not universally available.  So
why bring that up?

On Mon, Dec 9, 2019 at 2:44 PM Charles Albert <cfalbert at gmail.com> wrote:

> I think it a much ignored fundamental contradiction...
>
> If essentials become fully commoditized, and diversification of Supply
> eliminates price volatility, then the only source of inflation should be
> hedonistic....which is, I believe, an expression of something....uh.....I
> dunno....venal sounding.
>
> And they call it the Dismal science....
>
> It's all that stands between us and moral Ragnarök.....so hug an
> economist today....
>
>
> love,
>
> cfa
>
>
>
> On Mon, Dec 9, 2019, 3:33 PM David Morris <fqmorris at gmail.com> wrote:
>
>> I think the inherent thought is that growth is good.  Controlled growth,
>> akin to a bon sai, is like slavery. But this ain't a terrarium.  Or maybe
>> it is, but with tight assed weeders.
>>
>> David Morris
>>
>> On Mon, Dec 9, 2019 at 2:15 PM Charles Albert <cfalbert at gmail.com> wrote:
>>
>>> I think a reasonable argument could be made that he killed it then...at a
>>> time when no one dared touch Ronnie, Ronnie knew enough not to lay hands
>>> on
>>> Stretch.
>>>
>>> The basket of goods looks very different now, and I don't see any single
>>> component moving the aggregate soon...it's probably another lever being
>>> wrenched from the control of central banks by Mr. Market.
>>>
>>> But let me ask you....if the alleged benefit of progress is supposed to
>>> include an abundance of Supply of essentials at ever declining prices,
>>> why
>>> is inflation "desirable"? Is that why The Man is pushing credit?
>>>
>>> love,
>>>
>>> cfa
>>> --
>>> Pynchon-L: https://waste.org/mailman/listinfo/pynchon-l
>>>
>>