You should do your own research. I'm not an expert and even they can be wrong. I believe that credit crises can initiate depressions, but what makes them depressions is the tight money which follows. Credit should tighten up in good times and relax in bad. This should produce steady and low inflation. But, as Ron Paul points out, the temptation is strong to accumulate debt with the fiat money system which makes these manipulations possible. It is very complex and most YouTubers have not a clue.
hmm, well idk about that. i had a lazy @ss economics teacher and i never liked it much, much less calculating $/math.
however, i doubt that would avert a depression, it'd just make the value of the dollar worse and it would cause depression. watch a vid where explains all that in my faves list. dont believe everything the mainstream media says. thats why i dont watch it.
A road of recover is painful, like a doctor will suggest any operation depending on the conditions, and yes it is painful and will caused many inconveniences, but you can be sure that it is on the way of recovering, not worst.
The bailouts will hurt the value of the dollar but they will avert a depression in favor of inflation. I think that's a good trade. The real sin was making the money too cheap before. The income tax sucks, but it's the only tax that does not provide a disincentive to economic activity. Everything else you tax will cause people to spend less, but nobody chooses to make less money in response to income taxes.
and no. ron paul is not a liar. he said so himself, that we will struggle under his policy for a while but if congress keeps covering things up with "bail outs" it'd get MUCH WORSE. then we'd end up in a depression. read the consitution. in it, it says we dont have to pay income taxes. do u wanna keep paying taxes? go ahead, cuz i dont. you want the status quo, fine. but the rest of us dont.
You should do your own research. I'm not an expert and even they can be wrong. I believe that credit crises can initiate depressions, but what makes them depressions is the tight money which follows. Credit should tighten up in good times and relax in bad. This should produce steady and low inflation. But, as Ron Paul points out, the temptation is strong to accumulate debt with the fiat money system which makes these manipulations possible. It is very complex and most YouTubers have not a clue.
theCommenteer 3 years ago
hmm, well idk about that. i had a lazy @ss economics teacher and i never liked it much, much less calculating $/math.
however, i doubt that would avert a depression, it'd just make the value of the dollar worse and it would cause depression. watch a vid where explains all that in my faves list. dont believe everything the mainstream media says. thats why i dont watch it.
YourOasis97 3 years ago
You must be celebrating the situation on Georgia, how they treat South Ossetia, bombing them, declaring police state on their place.
Hmm why don't you move there, sure they ill accept you there. Enjoy your life there then.
LeeKwangEng 3 years ago
A road of recover is painful, like a doctor will suggest any operation depending on the conditions, and yes it is painful and will caused many inconveniences, but you can be sure that it is on the way of recovering, not worst.
LeeKwangEng 3 years ago
The bailouts will hurt the value of the dollar but they will avert a depression in favor of inflation. I think that's a good trade. The real sin was making the money too cheap before. The income tax sucks, but it's the only tax that does not provide a disincentive to economic activity. Everything else you tax will cause people to spend less, but nobody chooses to make less money in response to income taxes.
theCommenteer 3 years ago
sure.
and no. ron paul is not a liar. he said so himself, that we will struggle under his policy for a while but if congress keeps covering things up with "bail outs" it'd get MUCH WORSE. then we'd end up in a depression. read the consitution. in it, it says we dont have to pay income taxes. do u wanna keep paying taxes? go ahead, cuz i dont. you want the status quo, fine. but the rest of us dont.
YourOasis97 3 years ago
If everybody else really wakes up, they can make it happen. If they take the silly Libertarian line, the poor will get poorer even faster.
theCommenteer 3 years ago
I like to think I'm a special kind of stupid.
theCommenteer 3 years ago
oh yeah like the lobbyers and politicians or the rich will let that happen.. (sarcasm)
YourOasis97 3 years ago
IF theres no $ left.. if is good. ;)
YourOasis97 3 years ago