Thanks Mish, for showing how 1) high percentage discounts at retail sale would STILL mathematically implement beneficial price and asset deflation despite such sneaky and unethical means of systemic inflation, 2) how libertarian’s acculturated aquiescence in and unconscious acceptance of the actual chaos that is the reality of the present system, can be resolved only by high percentage discounts and related rational policies and 3) edging libertarians and other “austerians” toward the realization that paradigm change, not rigid orthodoxy, is what is necessary in the money system and economy.
Oh, and I forgot…how utilizing the tool of double entry bookkeeping where equal depits and credits sum to zero at retail sale would mathematically double everyone’s purchasing power…without increasing commercial costs by even a cent.