You'll get paid in I.O.U.'s
Naw, they'll just print / tax.
How can it go up?
I'm surprised they sold any units. Green shoots !!
1) This is my point exactly. The Fed's "research" just exacerbates the issue, whereas a stable and consistent rate of money growth (could...
1) When I say exogenous, I'm referring to bodies such as the Federal Reserve, which often base their decisions on short-term, meaningless data and...
I've had training in graduate economics (a few phd-level courses, I'm a finance graduate student), and I've studied the Solow model and understand...
The growth caused by any "capital" creation (credit) in excess of the rate of saving of the economy is, by construction, unsustainable. It will...
I think the system should consist of: a) Fiat money b) Growth of money supply = rate of historical GDP growth associated with innovation...
Changing consumer trends, new technology, structural changes, etc. They would rise or fall based on these factors, triggering unnecessary...
Won't work because prices of many goods may not be linked with a generalized labour aggregate number. If general wage levels rise --> Rise in...
You answered your own question. Real, structural, economic problems and massive debt implosion + Monetary sleight of hand tricks and...
"The Labor Department is scheduled to release its June payrolls report on July 2. The U.S. probably lost 363,000 jobs in June, compared with a...
BUT CPI HAS BEEN SO LOW!!!11111!! [/sarcasm]
1) Only occurs because there has been massive layoffs and a decrease in consumer demand. 2) Causes producers to shrink investment --> Why...
Yes, first there will be deflation for a period of time as industries close up shop, fire workers, sell inventories at firesale prices, and...
Since when has a president or governing party ever been truly accountable for rapid economic upswings or downswings? If we want to lay blame...
Neither global warming or military expansionary policies can be supported over the forseeable future.
Exactly what I and many others have been saying: The fractional reserve credit system is unsustainable and bubble-prone. You have 10 people...
If the investor thoroughly informed the client of all the possible risks involved, they deserve 0 punishment of any kind, never mind torture....
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