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> Because if you expect the value of your cash to rise, you would probably hold onto your cash. Right, that's why the computer industry doesn't make any money.
by anonymoushn 15y ago
> Because if you expect the value of your cash to rise, you would probably hold onto your cash.
Right, that's why the computer industry doesn't make any money.
> This, again, happened during the Great Depression
Yes. A large part of what made the Great Depression last much longer than the Depression of 1920-1921 was that insolvent businesses were given money instead of being allowed to fail. One might compare this to recent events, and have a look at the present employment rate of the U.S. population: http://market-ticker.org/akcs-www?get_gallerynr=1631 http://market-ticker.org/akcs-www?get_gallerynr=1631