jonnugget69
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Bats":12saftku said:I'd like to see how you reach that conclusion. It's not a hyper-inflation scenario, I specifically said if you don't increase the money supply. And neither of us have come to the bit what causes a bread shortage, either... It's specifically only disastrous to people who've got loads and loads and loads of money, and only because they're weirdos who think merely being middle class would be horrible.
I'm not a billionaire, you?
Not quite...this time next year Rodney...
I think in reality what would happen is that proces would rise quicker than wages so that the companies could pay the wages of people who they employ...never mind the fact that production would be slowed until the equilibrium recovers. See the Oil market for how that works....fill up today, because sure as eggs is eggs, the cartel will be slowing production soon.
And then you get a bread/petrol/whatever queue...and a two tier economy, where better off people can get stuff that poorer people can't.
Anyway, why don't you go and start your collective if you know the answers?