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Just keep on pumping!
That seems to be the strategy.
Just keep on pumping!
It causes boom and bust cycles that can only be fixed through more pumping of capital and government bailouts. Eventually we are going to run out of money to do this.
It causes boom and bust cycles that can only be fixed through more pumping of capital and government bailouts. Eventually we are going to run out of money to do this.
How can "we" run out of money when it just keeps recycling over and over again? Money never really gets used up.
And furthermore, how can we run out when we can print all that we need?
("we" meaning the guberment)
How can "we" run out of money when it just keeps recycling over and over again? Money never really gets used up.
And furthermore, how can we run out when we can print all that we need?
("we" meaning the guberment)
Oil may run out eventually, but never fiat money.
That seems to be the strategy.
As long as people accept the money that the government prints, yep it will never run out. The question is, will people keep accepting it.
I dont sanction the use of individuals money to be reallocated to others for the sake of their economic benefit. As for printing more money, that would simply devalue our currency and foreign nations to keep away.
As long as money keep accumulating at the top, where it tends to enter the la la land that we call "Wall Street", we have to keep pumping more money, else Main Street wouldn't have any.
Would that be when nothing else works?
The U.S. has been printing money to high heaven for years, yet the dollar is strong relative to many of the world's currencies. How do you explain that?
Only for the last two hundred and thirty seven years. Debt hawks tell me that two hundred and thirty seven years isn't long enough to prove anything, and hyperinflation and the collapse of the dollar is always just around the corner.
There would be boom and bust cycles even if the government did not do it. Actually to cycles are due to human greed, at least in my opinion.
We've been accepting it for the past 237 years, I think we probably will keep accepting it for quite a few more. I mean what the heck, why not?
I dont sanction the use of individuals money to be reallocated to others for the sake of their economic benefit.
As for printing more money, that would simply devalue our currency and foreign nations to keep away.
We are strong relative to other nations because Chinas slowdown and the Euro uncertainty has sent those investors to the dollar.
that is happening even with government supply small businesses with great rates on loans, and taxing the wealthy to hopefully redistribute it downward. Hasn't exactly worked.
Human greed and irrational behavior.
And the fact that it is strong relative to other currencies despite all that money printing appears to contradict your claim that it devalues the currency and keeps foreign nations away. People are still buying U.S. debt.
What about when it's for the sake of EVERYONES benefit (including the people who are paying their government bill).
If we printed money faster than the world could produce goods and services, yes. Not likely to happen anytime soon, especially in this global economy.
It's worked pretty darned well for decades. Are we a poor nation?
We are probably dipping our toes knee deep in the deflation trap, but time will tell (actually to me time has already told this)
In addition to my regular job, I have been trying to develop a business. I have noticed two years in a row now that I experience a great boost in sales after people get income tax refunds. Now I realize that in that case, mostly people are simply getting back their own money. But it makes me wonder, does government spending produce economic growth? If I understand them correctly, some say that this is never true. What do you think?
I agree that the redistribution of wealth can be beneficial for all parties, but it is not the role of the government to force that.
As for printing faster than we produce, it might not be a problem now, but down the road who knows.
Would that be when nothing else works?