Zeev's Turnips Patch-No Politics (ZEEV)

[federal reserves]

Brightness> Good point. Shuttering factories

is actually inflationary, stagflationary. Nothing says that
supply cannot be reduced to increase inflation. What did OPEC
do in 98 when they had the glut and $8oil? Cutback. Now look they have $30/oil.

Sometimes I wonder, who is going to farm the land in 10 years, the average farmer is close to 55, and the younger ones don't
like the life. Without farms and manufacturing what would
inflation be like. How long can we make a living doing laundry and delivering product to stores made in China.

Similar I read because of pollution controls Gold mines are being shuttered in CA.