Printing more dollars only reduces value if they are chasing more goods than are available. Last time I checked, Walmart had plenty of stuff on it's shelves.
...Japan has followed thw Keynesian Fiscal stimulus plan tpoo the letter and they're screwed.
Yes because printing has worked so well for Argentina and Venezuela.
In what world is a 3.5% unemployment rate "screwed"?
When a nation is at the full employment level, GDP can't increase faster than the level of productivity increases which is created by technological improvements, thus the growth rate will be fairly small.
The problem with the counter you are offering is that dollars do not have intrinsic value - they are representative stores of value for which demand fluctuates. When you print a dollar, you reduce the value of all other dollars, meaning that creating dollars is simply a tax on current dollar holders.
I dunno anything about Argentina, but Venezuela is a communist country that isn't particularly productive outside of it's oil sales.
Anyhow, no one ever said that our government can print an unlimited amount of money without having inflation. A government can only print as much money which can be matched by increases in production. When the unemployment rate is above the full unemployment level, there is plenty room for printing, and when productivity is increasing, there is room for printing.
Because Tea Partiers have caused so much financial and economic damage over the last 6 years with all their new legislation and Executive orders.....
Lol.
Yes because printing has worked so well for Argentina and Venezuela.
Nonsense, they're debt service is over 40 percent of their total budget outlays right now and the only creditors that are buying their debt is the BoJ.
Their Banks are propped up ( Zombie Banks ) and they're targeting the discretionary income and savings of their own citizens by devauling their currency down to nothing.
Unemployment rates alone dont make a healthy economy and niether does GDP.
Try and offer up a HONEST evaluation next time instead of trying to cover your ass ideologically.
The tea party has been attempting to control the reasonable portion of the republican party, and yes, they have caused economic damage.
:lol:8 Trillion in the last 6 years not including 5 Trillion that is kept off the books from the bankruptcy of Fannie and Freddie.
Its not 30 years ago, its 2015 and after 8 Trillion in new debt in 6 years, massive spending and " Stimulus " to increase aggregate demand we still have a record 92 Million people who are of working age not employed and ALLOT of new part time low paying jobs.
Disability rates have doubled and food stamp use has increased 40 percent. Poverty rates have increased and the Middle class is shrinking.
It DOESN'T WORK, Japan has followed thw Keynesian Fiscal stimulus plan tpoo the letter and they're screwed.
8 Trillion in the last 6 years not including 5 Trillion that is kept off the books from the bankruptcy of Fannie and Freddie.
Its not 30 years ago, its 2015 and after 8 Trillion in new debt in 6 years, massive spending and " Stimulus " to increase aggregate demand we still have a record 92 Million people who are of working age not employed and ALLOT of new part time low paying jobs.
Disability rates have doubled and food stamp use has increased 40 percent. Poverty rates have increased and the Middle class is shrinking.
It DOESN'T WORK, Japan has followed thw Keynesian Fiscal stimulus plan tpoo the letter and they're screwed.
The most important thing is unemployment.
People who don't have any money really could care less about debt service or propped up banks, etc. And you do realize that the inflation rate in japan has been averaging just about 0% during the past five years or so don't you?
If you HONESTLY believe that a nation with zero debt, and nothing "propped up", but which has 50% unemployment is doing well, then you must be from an alternate universe. That debt stuff is simply accounting issues.
:lol:
:scared:
:lol:
You're so worked up you aren't even responding directly. You're just. :scared:
:lol:
Venezuela Nationalized almost every significant industry just 14 short years ago.
Since then productivity in ALL other Financial sectors INCLUDING Oil has dropped considerably.
To offset budget shortfalls they borrowed and borrowed ( sound familiar ? ) until no creditor in theiir right mind would give them another penny.
You people claim debt doesn't matter, that a Nation with its own sovereign currency can just print away. Well thats what they've done and now they have the Highest inflation rates in the world.
How does one person starting a business prevent growth?
:lol:
:scared:
:lol:
You're so worked up you aren't even responding directly. You're just. :scared:
:lol:
So you would like to see our GDP 6% lower?
Thanks for educating me about Venezuela. We have nothing in common with Venezuela then.
Inflation in Venezuela is clearly due to declining productivity (which is probably because of communism). We don't have such a problem, and we are not communist. Nor is anyone contributing to this thread advocating for reducing productivity or becoming communist.
What does starting a business have to do with the government taking from one group and giving it to another group?
I dunno.
In the OP, the person said that they were starting a business and noticed an uptick in sales during tax refund season. Someone responded with some non-sense about government taking from one group and giving it to another.
Does government spending cause growth when the money is taken from one place and put another?
"Well," said the man, "You don't know where you are or where you're going. You've risen to where you are due to a large quantity of hot air. You've made a promise that you have no idea how to keep, and now you expect ME to solve your problem. You're in EXACTLY the same position you were in before we met, but somehow, now, it's MY fault.
Yes, many times that is how it works.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?