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#46
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Truman.
Clinton used the same sign but with a different meaning. |
#47
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What did Clinton's sign mean?
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#48
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I was reading the bond page today and the experts are baffled as to why we are still experiencing deflation despite the massive government influx of money.
Keynsians 1 - Supply Side 0 1st quarter I am a Keynsian BTW, I don't think perfect capitalism can exist. |
#49
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The more dishonest and immoral, the more reasonable socialism appears. You force people to do the right thing rather than depend on them to do the right thing.
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#50
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Edit: ^^ to recap on my summation perfect capitalism can't exist the way international markets are tied together unlike years ago. Last edited by Medmech; 01-16-2009 at 06:32 PM. |
#51
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As for the Keynesians, I don't think perfect capitalism has ever been tried.
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Jason Priest 1999 E430 1995 E420 - retired 1986 420SEL - retired |
#52
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Herein lies the problem. The Government does not have its own funds to use in this fight against financial collapse. If the Government were in the position of having been sitting on a huge reserve of cash prior to the financial collapse, you could more easily make the case that using those funds was prudent. However, the Government had no such reserve. It is using funds it will have to appropriate from those who were prudent enough in their afffairs to have been able to retain capital (through borrowing or taxes) or from future generations, or it will have to borrow them from abroad, or it will have to create more fiat from thin air. None of these options are remotely prudent, and 2 of them are potentially disasterous in fairly short order.
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Jason Priest 1999 E430 1995 E420 - retired 1986 420SEL - retired |
#53
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Politicans and Diapers
Both need to be changed regularly FOR THE SAME REASON
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KLK, MCSE 1990 500SL I was always taught to respect my elders. I don't have to respect too many people anymore. |
#54
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Sec'ty Paulson will not reveal to congress how or to whom he paid out our money. Bush and Co is responsible-again- for screwing this up. |
#55
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I think we will see inflation.
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1999 SL500 1969 280SE 2023 Ram 1500 2007 Tiara 3200 |
#56
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Oh boy. Is this a great country or what?
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1986 300SDL, 362K 1984 300D, 138K |
#57
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Here's your answer:
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1986 300SDL, 362K 1984 300D, 138K |
#58
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Oh I bet he has.........."would you like fries with that burger sir?"
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1993 300E 2.8 185k miles 2006 Mustang Convertible 4.0 Eaton Supercharged |
#59
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Your take is correct, an economy has X dollars they don't disappear, they get reallocated, on a micro scale I personally think our RE collapse is because of increased spending on energy too many dollars are being sent to other economies that are stockpiling the money, they won't invest in the US because of uncertainty. One thing about a "recession" is that its almost 100% psychological I know salaried people, teachers, police officers ect. that are tightening the pocket book for no apparent reason..the only real common denominator I personally see is food and fuel which hits everyone regardless of their employment situation. |
#60
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