akapital

Impending Inflation? The Global 'New Deal' All but Guarantees It

well, when I think of New Deal I think of FDR and the U.S. gov't itself spending loads of money on infrastructure (roads, bridges, schools, etc.). That was a catalyst that jump started the U.S. economy and the recovery from the great depression

So if we do truly have a sort of Global New Deal where gov'ts start spending I think that will indeed get to the consumer sooner rather than later and spur growth and perhaps inflation.

There are many large scale initiatives that many would argue global gov'ts need to invest in now:

1. Improve Water treatment, clean water preservation
2. Clean coal technologies
3. upgrade grid technology
4. alternative energy developments
5. public schools & public hospitals
6. highways and bridges

The Global Food Crisis: From Panic to Organic

Specialization (be it agriculutural or otherwise) has historically brought great benefits but always at a cost. It is time to consider whether that cost is worth it.

Consider, would we need so many roads and so much infrastructure if people ate and worked close to home? Would we need a specialist to fix "everything we have" if we learned more about what we use. It use to be very common for people to sustain their own house, car, and garden as well as work a full time job. More recently that full time job has taken up more and more of our time.

The 40+ hour work week is a fairly recent phenomenon. Contrary to popular belief humans have historically enjoyed a good amount of leisure time. It is about finding a balance...