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  • Let's Just Say It: Print More Money [View article]
    To answer the above. You pick A. It won't be easy, many decisions will be bad ones, but it has a chance to work unlike B.
    Jan 27 18:38 pm |Rating: +1 0 |Link to Comment
  • Let's Just Say It: Print More Money [View article]
    I think he's exactly right. You play with the system you're given. If you're playing baseball and you get in a bind you don't call for a hail mary to fix your issues, you try a bunt or a steal.
    For anyone who wants to implement some new ideas(talking mainly austrian economics) you basically want to change a problem with an answer from a whole different game. It won't work, actually it will cause a complete shutdown of the financial system and worse the day to day world.

    To put it simply if you had 2 options:
    A.Pump in more money, kick the can down the road and prove to people there will always be more people to take up the slack(until a meteor takes out the world)...Yes its a Ponzi scheme, but a Ponze scheme is only a problem if it comes to an end. Guess what when it comes to the US or World economy there is NO REASON for it to ever end. Anyone arguing otherwise is part of the problem.
    B.Stop the world to "fix" the budget. To cut emissions. To save Mother Earth from Humans. Sure lets go into the dark ages of suffering because we've progressed. Seriously this is what some of you contend is a "good idea". Its an awful idea. Guess what, Mother Earth is going to be fine. Some humans aren't going to do a damn thing to the Earth.
    Jan 27 18:37 pm |Rating: +1 0 |Link to Comment
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