EPISODE · Apr 13, 2024 · 27 MIN
INFLATION DEFLATION STAGNATION AMERICAN BANKRUPTCY OF A NATION
from The American Enterprise Manifesto: My America's Vision of Peace and Nonviolence for Humanism · host Jerry Rhoads
INFLATION DEFLATION STAGNATION AMERICAN BANRUPTCY OF A NATION INFLATION DEFLATION STAGNATION (Simple economics is never simple it’s an imposing dimple So keep it simple Simon or suffer an infested pimple) Inflation (paying more and getting less) I see it when I pass the gas station I see it when I get my spendable ration I see it when I read about the nation More Inflation (getting less and wanting less) I can’t view it with elation Nor can I understand its creation But I’m suffering from its impregnation More Inflation They say it’s an expectant economy’s gestation A dollar chasing frustration And government’s spending sensation Less Inflation Maybe it’s just a result of my faulty expectation That my welfare comes before excess taxation And my personal acts don’t contribute to stagnation A pregnant economy due to excess consumption And not managing the business gestation With a buying and borrowing obsession Which means it’s our personal responsibility to manage Our business and affairs for maximum return So government doesn’t destroy initiative Just to be taxed for what we earn Deflation (A pregnant economy due to excess consumption And not managing the business gestation With a buying and borrowing obsession) Which means it’s our personal responsibility to manage Our business and affairs for maximum return So government doesn’t destroy initiative Just for what we used to earn Growth is bad Nominal Profits Good God Dollar is Plunging Deflation is primarily due to the Federal Reserve monetary policies And interference with member bank discount rates sinking the subprime mortgages Stagnation (spending less and getting less quality) Is when the government gives away too much Controls lives with a tax crunch Telling everyone what they should eat at lunch And run everything on an academic hunch Is when debt service becomes an excessive burden On the cost of producing products and services for a profit And the government jobs make GDP grow Even though it adds nothing to cash flow Inflation deflation stagnation The death of a nation A time to do a reorganization Elect someone with a business reputation Where the Capitalist is the beast The Socialist is the least The Worker is the yeast The Consumer is the feast And it’s time for a third party The American enterprise Party The party that pulls the extremes towards the middle And lets the lassi faire market decide the ride to liberty for all
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INFLATION DEFLATION STAGNATION AMERICAN BANKRUPTCY OF A NATION
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