patio

Let's Just Say It: Print More Money

Amen, couldn't have said it better. We are in the middle of a giant inflated ballon, and being stretched to its maximum, leaks are sringing up everywhere, as they should. The solution isn't to go get more giant pumps to inflate the bastard thing even more beyond its capacity, twill just make the eventual pop that much more damaging.


On Jan 23 08:09 AM Andy1234 wrote:

> This article is garbage and is one of the problems with society and
> our government.
>
> money in itself is not wealth. its debt. A fractional reserve system
> is a debt based system....so going deeper and deeper into debt gets
> what?
>
> If there isn't an expansion in production.....printin... money just
> steals value from the existing dollars in the system......so we basically
> screw every retiree in the process?
>
> Get your head out of your ass and create wealth. A printing press....or
> a computer where you keep hitting 0000000's does not create wealth.
> The problem is....we already did the whole creating money out of
> thin air thing....and this is where it got us. Government intervention
> into the free markets got us here.
>
> The free market is saying......slow the F down with this money creation
> thing.....and let's get back to reality. Wages are growing at much
> slower pace than everything around it.....and in reality....this
> is not sustainable.
>
> Wealth is created when one increases thier purchasing power.....when
> one can buy more value than before.....you are just saying that the
> dollar value may remain flat or go up.....but the value is left out.....if
> the dollar prices go up....and your purchasing power goes down...whats
> the point?