Should they just have printed debt free money?

Discussion in 'Economics' started by Debaser82, Nov 23, 2011.

  1. like the Bible says, the poor will always be with you and it's harder for a rich man to enter the kingdom of heaven than for a camel to go through the eye of a needle, so that just leaves the middle class.

    It does seem like when you look at history the good times were always accompanied by a strong and maybe upwardly mobile middle class.

    Makes sense when you figure by definition, most people are average.

    So helping the poor and punishing the rich is a lost cause?
     
    #11     Nov 24, 2011
  2. jlryan87

    jlryan87

    There're always 2 sides to a coin. One of the 'big fish' they caught not long ago is a railroad minister who embezzled about $200 milion. No wonder he is always a yes man to any projects, since he always get to have a cut. Same thing happened in South East Asia, where most big projects are handed to cronies. Corruption, the word itself, is a misnomer. It always exists both legally and illegally.

    If China adapts democracy one day, chances are, it will be different than the one in western world.
     
    #12     Nov 24, 2011
  3. makes you wonder, did he really get "caught" or did he just get sqeezed out by the guy who wants to take over his mini empire?

    I'm kind of a naturalist. I beleive whatever is good for the earth is usually good for all concerned. So, we have a pattern to follow. At times it seems like survival of the fittest, but often in the end the meek inherit the world.

    But getting back to opie's post, printing money is kind of baffeling. Sort of like at the beginning of each season the commissoner decides how many points are going to be available, and in a blowout season has to issue more.
     
    #13     Nov 24, 2011