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I am aware that the economy needs the cash to be circulating to keep all the wheels moving. However I believe we, the industrialised counties, have gone too far. When Bush gets on tv and pleads with people to spend, to shop, is this the advice you want to give your children ? When the US...

A somewhat related tax idea, I just read an interesting article about some of the US IRS braintrust. Apparently a few of them have come up with the idea of "taxing people into spending" so as to avoid any deflationary trouble. So far it's only tabled as an idea. You would pay a tax for...

Great article Sunstone, Some people, me included, expect deflation to hit the US and possibly Oz. Some people say great we'll pick up the bargains when it happens. Sounds great I'd like to get some too. Timing seems to be on a lot of peoples minds. Perhaps there won't be a decisive...