Posts Tagged ‘Dealing with inflation’
What effect does forced redistribution of wealth in the form of government bailouts have on the economy?
Twelve Visions Party’s Statement: …It drains the economy because when companies are simply rewarded for mismanagement, they have no incentive to change their poor business practices. This increases inflation and taxes and promotes overall debt in general.
What is the cause of inflation? Why will prices drop in a completely free market?
Twelve Visions Party’s Statement: …Inflation is due to regulations, over spending, a massive budget for social good programs and pumping unbacked currency into the economy. Prices drop in a free market because competition and quality will rise. All businesses will be free to compete freely and pursue profits and reinvest in themselves to bring better value at lower prices.
What will be the effect on inflation with the Prime Law in place?
Twelve Visions Party’s Statement: …Within complete free market competition, prices only fall with increasing buying power for everyone.