From: "*Anarcissie*" <anarcis...@gmail.com> Newsgroups: sci.econ - 6 Nov 2009
Looks to me like spreading funny money around can't generate employment. No employment, no wages; no wages, no consumption; no consumption, no business; no business, no employment. But you knew that already.
We may be reaching the end of the funny-money era, although it would not surprise me if our lords and masters and their tame geniuses gave it another shot or two regardless of the lack of positive results. They probably don't know what else to do.
So, how much further will the funny money go, and then what's next? . . --
From: "Rod Speed" <rod.speed....@gmail.com> Newsgroups: sci.econ - 7 Nov 2009
Anarcissie wrote: > Looks to me like spreading funny money around can't generate employment.
Corse it can, it obviously depends on how its spread around.
And avoiding another great depression or worse certainly prevents the unemployment rate hiking to the levels we saw in the last one or worse.
> No employment, no wages;
There is always employment, even during the great depression.
While say 25% were unemployed, thats still 75% employed, getting wages.
> no wages,
Never happens. Even when some countrys lost a world war that didnt happen in those countrys.
> no consumption; no consumption, no business; no business, no employment.
Never happens. Even when some countrys lost a world war that didnt happen in those countrys.
> But you knew that already.
Its just cloud cuckooland stuff, nothing like what actually happens in the real world.
> We may be reaching the end of the funny-money era,
Nope, in fact there is a hell of a lot more funny money around than there was before those clowns completely imploded the entire world financial system, AGAIN.
> although it would not surprise me if our lords and masters
We dont have any of those anymore in the great democracys.
> and their tame geniuses gave it another shot > or two regardless of the lack of positive results. > They probably don't know what else to do.
What they have done has been quite effective.
Damned sight more effective than anything you yourself have proposed.
> So, how much further will the funny money go,
For as long as it takes.
> and then what's next?
World economys will recover, just like they always do.
And we wont need another world war to get that this time, you watch. . . --
From: phil scott <p...@philscott.net> Newsgroups: sci.econ - 6 Nov 2009
"*Anarcissie*" <anarcis...@gmail.com> wrote: > [...] > So, how much further will the funny money go, and > then what's next?
Look to history for that answer.... its a repeating cycle.. for a superb long cycle discussion (260 year life cycle of nations) see Dr Ravi Batra's book: The Coming Depression 1990
We are in the final phase of that cycle, collapse from the last peak (we just went through that 15 years ago, runs about 20 years,,,with the final imploding taking just days,
The book plots the drivers for these long cycles,,,human nature, we start strong, get fat & lazy then corrupt, then elect idiots, then ruin our currency with corruption then attempt to recover by war & seizing others assets land or oil etc.... then the counter attack on a 360 degree perimeter takes the nation out. Loss of empire, though the nation itself still sits in the same land. . . --
From: "Rod Speed" <rod.speed....@gmail.com> Newsgroups: sci.econ - 7 Nov 2009
phil scott wrote
> Look to history for that answer.... its a repeating cycle.. for a > superb long cycle discussion (260 year life cycle of nations) > see Dr Ravi Batra's book: The Coming Depression 1990
That fool has never ever had a fucking clue about anything at all, ever.
Not only didnt we get a depression in 1990, we didnt even get one just recently when the clowns completely imploded the entire world financial system, AGAIN.
> we are in the final phase of that cycle,...
Nope.
> collapse from the last peak
There has been no collapse from any peak.
> (we just went though that 15 years ago,
Bare faced pig ignorant lie. We actually saw the longest boom in history instead.
> runs about 20 years,,, with the final imploding taking just days,
That has never EVER happened. NOT ONCE.
> the book plots the drivers for these long cycles,,,
He couldnt even get the basics right.
> human nature, we start strong, get fat & lazy then corrupt, then > elect idiots, then ruin our currency with corruption then attempt > to recover by war and seizing others assets land or oil etc....
You cant list even a single example of that ever happening.
> then the counter attack on a 360 degree > perimeter takes the nation out. loss of empire,
That hasnt happened that way either.
> though the nation itself still sits in the same land
And we have never ever seen even single one imploding in just days.
What we have actually seen is a few just fading away into obscurity instead over half a century or so. . . --
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