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    Dollar Inflation: An Essay
    Unavailable
    Dollar Inflation: An Essay
    Unavailable
    Dollar Inflation: An Essay
    Ebook13 pages8 minutes

    Dollar Inflation: An Essay

    By Edward E. Rochon

    ()

    Currently unavailable

    Currently unavailable

    About this ebook

    A short preface notes Canada cancels penny production, worries about too much money priming by the US Federal Reserve. Chapter 1 suggests that in place redenominated currency is a better way to maintain stability and finance debt than simply increasing money at the current value dollar. For 'in situ' or in place redenomination, it means that no new bills are printed for the purpose. Your piggy bank becomes worth whatever value the redenominated currency was set to. This applies to currency but not debts, it being unfair to pay a $100 debt with 100 bills worth 10 times more than before. You pay the debt with 10 redenominated bills. Chapter 2 discusses problems with redenomination, covers subjects dealt with by the author in previous essays briefly with respect to the true value of gold as money. It notes economic expansion is the best way to keep government and private needs for income in balance, more tax revenue at lower rates, which, of course, everyone already knows.

    LanguageEnglish
    PublisherEdward E. Rochon
    Release dateApr 30, 2015
    ISBN9781310237751
    Unavailable
    Dollar Inflation: An Essay
    Author

    Edward E. Rochon

    I write for my health and the health of the world. Often the cure rivals the disease in grief and aches. My writing career started at twelve when I attempted to write a sequel to Huckleberry Finn but never finished it. My writings have included poetry, plays, a novel, non-fiction and writing newsletters for here and there. Recently, I am dabbling into short stories. Apart from newsletters, nothing has been published in print. I bought an audio recording of one of my poems but threw it away in disgust due to an inappropriate reading by the narrator. 'Contra Pantheism...' was my first eBook. About a hundred eBooks have been published since including some books of verse, and my essays collected into five volumes, and one volume of collected poems. A few other types of literature are on my list of published works. My essays deal with fundamental questions of philosophy as well as natural philosophy (science.) On the whole, my works are as far above the writings of Plato and Aristotle as the material power of the United States is over that of Ancient Greece. I once asked myself if I had ever written anything memorable, but couldn't remember exactly what I had written. I started to check my manuscripts but stopped as it seemed the answer to the question was obvious. Gore Vidal mentioned in one of his memoirs that writers tend to forget what they write and are a bad source to ask about their works. Gore knew a lot of writers. I have not and may have been a bit hard on myself. Apart from self-improvement and maybe making a few bucks, my main goal is to bring about a golden age for mankind. Being a man, this sounds appealing. It is pointless to desist and all small measures are worth the effort. Albert Camus thought suicide the only serious philosophical question. He was a fool and died young. Suicide is a waste of time. The most important functional question is: How do I get what I want? The one question that trumps this is the ultimate question of intent: What should I want? As Goethe pointed out: Be careful what you wish for in your youth, you might get it in middle age.

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