Comments on: Inflation is inevitable counters Wolfensohn http://blogs.reuters.com/chrystia-freeland/2010/10/12/inflation-is-inevitable-counters-wolfensohn/ Sun, 28 Jul 2013 14:34:09 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: jbinfrance http://blogs.reuters.com/chrystia-freeland/2010/10/12/inflation-is-inevitable-counters-wolfensohn/#comment-863 Wed, 19 Jan 2011 14:39:57 +0000 http://blogs.reuters.com/chrystia-freeland/?p=345#comment-863 Why does no one seem to acknowledge that inflation is not only inevitable, it will sooner or later destroy the global economy. The reason for this is that profit is mathematically impossible without continual economic growth and economic growth in turn is mathematically impossible.

It is quite simple, if you think of it like this:

All of the employers in the world, including the self employed, government departments etc pay their employees, their suppliers, those who provide various services and themselves X billion dollars. After a given time, assuming that a percentage of these employers are businesses and expect to make profit, they need revenue of X Billion plus whatever return they expect (lets say 10%). Where does the 10% come from? There is no possible source for it.

When economies were smaller national affairs, it was possible to bring revenue from another country. Today with a global economy, there is simply nowhere left to expand to. The only solutions are credit and printing money. But eventually as we are all now only too aware, credit has to be repaid. We have no where left to go now except runaway inflation.

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By: JohnF500 http://blogs.reuters.com/chrystia-freeland/2010/10/12/inflation-is-inevitable-counters-wolfensohn/#comment-296 Fri, 22 Oct 2010 01:59:58 +0000 http://blogs.reuters.com/chrystia-freeland/?p=345#comment-296 “and none of these things allow for vast inequities of wealth and billionaire pet causes largess! it calls for the end of Billionaires…”

Good luck with that one.

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By: wildthang http://blogs.reuters.com/chrystia-freeland/2010/10/12/inflation-is-inevitable-counters-wolfensohn/#comment-280 Thu, 14 Oct 2010 18:33:42 +0000 http://blogs.reuters.com/chrystia-freeland/?p=345#comment-280 no matter, what it is approaching the time when we have to live within the means of our planet sustainably and such a place requires redundant systems and disaster immediate relief forces and supplies and localized and segmented survivability in casse of transport disruptions and none of these things allow for vast inequities of wealth and billionaire pet causes largess! it calls for the end of Billionaires…

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