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Here's why I believe the economy in the shitters : http://en.wikipedia.org/wiki/Velocity_of_money http://en.wikipedia.org/wiki/Velocity_of_money Money needs to
by nkassis 15y ago
Here's why I believe the economy in the shitters : http://en.wikipedia.org/wiki/Velocity_of_money http://en.wikipedia.org/wiki/Velocity_of_money
Money needs to move and it's not right now.
- nhaehnle 15y agoI agree. The question is: how do you fix it? In the case of the big corporations, for example, I see no direct, freedom-compatible way of getting them to spend that money. The only way I see that might work (though here Apple might still be a special case) is to create an environment where businesses see an increase in demand as an incentive for increased investment. Then the question becomes where that demand should come from, and the most feasible short-term answer (the government) is almost universally ideologically opposed (yes, even Democrats these days seem to shy away from direct spending to stimulate the economy).
- funthree 15y agoI could think of a number of ideas that would be severely unpopular. One idea: Start taxing people based on their net worth. It'd be for the greater good after all, right?