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Can we unhobble cdominus? (Sift Talk Post)
Thanks for helping me out, blankfist.
No hard feelings NR, you were right for doing it.
Can we unhobble cdominus? (Sift Talk Post)
I'll be good. I was in a bad place at the time and something here set me off. To tell you the truth I can't even remember exactly what set me off in the first place.
Psychologic
(Member Profile)
In reply to this comment by Psychologic:

I've never seen Paul or Schiff talk about the inherent deflationary nature of information technologies in the context of Austrian Economics, despite their constant talk of inflation. The price of a given amount of processing power or data storage drops by a fairly consistent percent per year (on average)... the same is true for dna sequencing, solar power, or many other high-tech devices.
Maybe they don't think it's a big deal, but I've never even seen them mention it. Austrian Economics were formulated well before the information age, so I'm curious how these new trends fit into it.
This may help.
http://mises.org/story/1040
tl;dr Increases in efficiency and productivity outweigh increase in money supply. If that can be believed!
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