A Quote by Gavyn Davies
Inflation is not always the main problem, or indeed a problem at all. Sometimes, though rarely, deflation is a more serious threat, and we need to shelve many of the orthodoxies we have held so dear.
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The real problem is deflation. That is the opposite of inflation but equally serious to the borrower.
The Republican Party has consistently opposed Obamacare (as costing more), stimulus spending (as increasing inflation), etc., none of which has happened in spite of seven years of their warnings. Their main problem is that they don't have the character to admit that they are wrong. They don't have enough character to rethink their deeply held assumptions.
The central problem of our age is not liberalism or modernism, nor the old Roman Catholicism or the new Roman Catholicism, nor the threat of communism, nor even the threat of rationalism and the monolithic consensus which surrounds us. All these are dangerous but not the primary threat. The real problem is this: the church of the Lord Jesus Christ, individually corporately, tending to do the Lord’s work in the power of the flesh rather than of the Spirit. The central problem is always in the midst of the people of God, not in the circumstances surrounding them.
Cities are never random. No matter how chaotic they might seem, everything about them grows out of a need to solve a problem. In fact, a city is nothing more than a solution to a problem, that in turn creates more problems that need more solutions, until towers rise, roads widen, bridges are built, and millions of people are caught up in a mad race to feed the problem-solving, problem-creating frenzy.
But then I came to the conclusion that no, while there may be an immigration problem, it isn't really a serious problem. The really serious problem is assimilation.
Deflation isn't good, and inflation is easier to cure than deflation.
I realize that homosexuality is a serious problem for anyone who is - but then, of course, heterosexuality is a serious problem for anyone who is, too. And being a man is a serious problem and being a woman is, too. Lots of things are problems.
The problem is not that the PC you need always costs more than you can afford. The problem is that whatever the price, it is still too much.
A science fiction story is just an attempt to solve a problem that exists in the world, sometimes a moral problem, sometimes a physical or social or theological problem.
My main problem with fiction is that once my characters get moving, you just have to follow them along and get out of the way of the story, but sometimes they pull me in too many directions, and I need to focus.
The main problem with pacifism is that it doesn’t work in all situations. The main problem with pacifists is that they’re convinced it does.
The problem is not gun possession; the problem is manufacturing guns - who's making these guns and how they gettin' out on the street? There shouldn't even be guns for us to possess. If there wasn't any, then it wouldn't be a problem. So we need to go to the source of the problem. They're making all these wars so they can make more weapons and sell them, and they wanna kill more people - they need population control,'cause people have to die in order for this world to continue. That's the government's goal right now.
The essence of the problem is that the war against inflation is over, ... Ever since 1979 the Fed was fighting a war against inflation, and you always knew which way you wanted the inflation rate to go over the long run -- down.
Our problem isn't that the universe isn't on our side; the problem is that too many of us numb these days, not awake to the game, or to the power of the universe that flows through our psychic veins. Some of us need to stop whining. It's not like we're the first generation who faced serious challenges. But others rose to the occasion, and we need to too.
With QE3, we are essentially being bought out with our own money...and unemployment is being used to facilitate this process in a very clever manner. Monetary inflation is currently being offset by labor deflation. The way you avoid collapse is by printing money and stealing assets. The way you avoid inflation is with labor deflation.
Despite the recent conviction of many that we're headed back to inflation, I think deflation remains the more likely prospect. You've just got too much excess capacity in the world.
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