Rates at 1% again, what's the next bubble?

Discussion in 'Economics' started by crgarcia, Oct 29, 2008.

  1. gnome

    gnome

    No more bubbles for a while.

    Nothing left "to bubble up"...

    What the economy NEEDS is for people who are non-wealthy to get some [additional] money into their hands to "spend in the economy".

    That money will come from reduced taxes (on them, but higher taxes on the wealthy), subsidies, stimulus packages, tax credits, print-money inflation, greater deficits, currency debasement, etc. That will be the function of Socialistic "spreading the wealth around".

    Even if McCain were to win, the Socialistic approach would have to be used... it's all that's left.

    The next go-round will be one of "conuming our assets"... no growth.
     
    #21     Oct 30, 2008
  2. lassic

    lassic

    lets see we are in this current "crisis" because of:

    low interest
    high liquidity
    high risk tolerance with no consequences

    how do we fix it:
    low interest
    high liquidity
    high risk tolerance with no consequences

    make sense, the causes of the problem becomes the cure
     
    #22     Oct 30, 2008
  3. Joab

    Joab

    Study Japan 1990

    Socialism has killed all future bubbles comrade


    gnome, I wrote the above first, then I saw your post lol

    Great minds think alike.:D
     
    #23     Oct 30, 2008
  4. WAR Commodities

    I'm afraid its how the PTB intend to get us out of this mess.
     
    #24     Oct 30, 2008
  5. We are already in the next bubble.

    The dollar.
     
    #25     Oct 30, 2008
  6. Might want to look at that one again. Looks like the dollar might have peaked.

    My thinking is the dollar rose because of fears of deflation, fears in general, and deleveraging. With the latest GDP report, I think it's becoming clear to the world the US is more than willing to take care of our problems by printing as much as is needed.

    I'm definitely not entirely sure, though, and I'm getting tired of having to re-evaluate it every day.

    It's for darn sure our politicians have proven they have no problem destroying the money of every American who actually has savings instead of debt.
     
    #26     Oct 30, 2008