{"items": [{"author": "David&nbsp;Chudzicki", "source_link": "https://plus.google.com/106120852580068301475", "anchor": "gp-1312376632791", "service": "gp", "text": "Interesting.\n<br>\n<br>\nOn not being able to inflate away debt: I heard recently (Economist podcast, I think) that it would be hard for the US to do this as well, due to the relatively short-term structure of most/much (?) of our debt. Since we're continually reborrowing, a signal that we're monetizing the debt would lead to higher interest rates, harder to borrow.", "timestamp": 1312376632}, {"author": "Danner", "source_link": "https://plus.google.com/114987071963782993407", "anchor": "gp-1312377322296", "service": "gp", "text": "We need a system that acts like radioactive material -- a slow halflife, which replaces inflation, and optimally, a personal reactor-style thing, so if you own too much, it burns at a faster rate. that encourages you to move the resources around, and not hoard.", "timestamp": 1312377322}, {"author": "Jeff&nbsp;Kaufman", "source_link": "https://plus.google.com/103013777355236494008", "anchor": "gp-1319633638455", "service": "gp", "text": "@Danner\n If I invest my money in something, perhaps a house, perhaps a company, would it stop the radioactive decay?", "timestamp": 1319633638}, {"author": "Danner", "source_link": "https://plus.google.com/114987071963782993407", "anchor": "gp-1319634754309", "service": "gp", "text": "@Jeff&nbsp;Kaufman\n so the question is, what qualifies as the radioactive material? I can't tell if investing should or should not decay, but you've transferred the funds to a different sort of material, one that is not as liquid, and there are real estate moguls as well as people who just want to be secure that invest in houses. perhaps each type of material has it's own decay? (and holy resurrection batman) no time to think about it at the moment, but i'll keep it in the back of my head for a while..2 months perhaps?", "timestamp": 1319634754}, {"author": "Jeff&nbsp;Kaufman", "source_link": "https://plus.google.com/103013777355236494008", "anchor": "gp-1319635446644", "service": "gp", "text": "@Danner\n does a tax on wealth do what you want?", "timestamp": 1319635446}]}