Franklin, that’s worth exploring further (and am I surprised no one responded here? No).
Do you have some $$ numbers to quantify that observation? Admittedly that might be tricky…when I lived in the footprint of Sherman’s Trek thru Georgia a few years ago, I was informed that the South had vast episodes of issuing their own currency back in those days.

Every week deflation re-shapes our options. If/whenever it returns, inflation, will also shape our options. My crystal ball cant see beyond either of those horizons. From how far it does see , it says that a ‘Pay As You Go’ option works best for household, municipal and state budgets, as well as for vast swaths of the private sector. So maybe whatever employment growth that can be pulled from pay-as-you-go.

Plus I am glad that a trillion dollars takes lots of pallets. There are lots of people in the world. There are even 300,000,000 people in the U.S. alone. There should be lots of money in the world for this many people, pallets and pallets of money, plus acres of cars and millions of acres of planted crops.

( Tom Cruise in Minority Report is on tv again – saw conclusion last night – seen before too ) wake’g this morning I had a concept I’m gonna pass on here … I’ve been telling myself the one thing I did right is not create a human child of my own .. it gives me a freedom many of you can’t have .. the birth forces your hand into a slavery IF you hold the primealist view of family …….. that was background

GOP (maybe) view on FDR principles of “care for the weak” … the concept point being . care’g via social programs relieves the family unit of the glue … I’m growing old and do not have a support structure .. but also a poor family does not have to raise a healthy unit for its future support structure .. I mean why bother raise’g a good kid for its parents future survival support structure .. let the system do it

it was a mind bending thought .. and I hope I don’t make a mess of things by saying it

http://www.infowars.com/secret-state-police-report-ron-paul-bob-barr-chuck-baldwin-libertarians-are-terrorists/

I hear your point, I think it’s a good one. Esp., as HTCMSI illuminates: “Makes me want to get a sticker that says “Hate hate.” That would be an instant classic.”

Though, note how you get there–”Well, my question is, …” and Mencken’s point: “..truly civilized man is always skeptical..”

if we see: http://www.thefreedictionary.com/tolerant

I think HLM’s point is more along the lines of “not being reactionary”..
http://www.thefreedictionary.com/reactionary

w/that, as I said, above, it was one “for the reflection pool”, and, as we know, what we see, from such, changes with the time of day..

to be sure, though, I like Mencken; I find there’s much to be learned from his Gifts..

jaw dropper

http://www.pagetutor.com/trillion/index.html

That would be an instant classic

While I enjoy Mencken’s writings, I can’t quite agree with his statement that, “The truly civilized man is always skeptical and tolerant.”

As I age I am becoming more accepting of Mencken’s phrase. That is because more and more I am realizing what the true nature of mankind is and that there is little chance of me changing it by either force or worry. I don’t think it is about civilization. I think it is more an acceptance of reality and the dropping of denial. Experience tends to make one practical

While I enjoy Mencken’s writings, I can’t quite agree with his statement that, “The truly civilized man is always skeptical and tolerant.”

It seems to me that there are a number of behaviors a civilized man or people simply do not tolerate. His point is too simple. Kind of like those bumper stickers espousing the idea that “Hate is not a family value.” Well, my question is, “Is hating hate a family value?” Makes me want to get a sticker that says “Hate hate.”

When debt becomes asymptotic, it collpases.

This is where we are now, and this is why the “best” efforts of global policy makers to resolve the crisis have failed and in fact are doomed to fail.