[Info-vax] HP stopping VMS paper documentation ?
JF Mezei
jfmezei.spamnot at vaxination.ca
Wed Nov 30 16:55:18 EST 2011
glen herrmannsfeldt wrote:
> Why is deflation so bad?
Bcause government have planned their finances based on assumption that
value of GDP will keep on growing. Not only because that increases tax
revenus, but also because the amount of money a goverment can borrow
"comfortably" is based on raltionship between debts and GDP.
If you look at China, it gets worse. In order to remain "stable", China
needs a growth rate of about 10% otherwise the millions who flock to the
cities will remain unemployed and that will create a lot of social
striffe and might lead to a revolution à la Tianamen Square.
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