comment176

4 ms·

1.
by comment176 17y ago
One problem with opening the upper echelons to lower classes, is that the lower classes are more desperate for money and thus more easily corrupted. You couldn't offer GW Bush much that he didn't already have as a result of his family's sta
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by comment176 17y ago
Restuarants regularly give away free samples to gain "word of mouth" reputation.
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by comment176 17y ago
Earlier you argued that people are not saving too much. However, your article says that people are in fact saving so much that the Fed is trying to turn them away. According to the article, the Fed first dissuaded savers by lowering the int
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by comment176 17y ago
The Fed can't manipulate interest rates down. They have to offer a high enough rate to sell their notes. Right now there is such over-saving that the fed can clear the sales by offering almost zero (really negative rates if you factor in in
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by comment176 17y ago
What's the use of getting a good at a lower price if you've lost your job? To get back to your original question, I think the global economy may have been hurt due to China's mercantilist policies. Some perceive China to be adopting non-coo
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by comment176 17y ago
Think of this way. What if today, everyone decided to spend nothing and invest all their money. What will happen to the world economy? You can't make money investing in a business if no one is buying their product. That proves that there is
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by comment176 17y ago
True. In our specialized economy everyone's dependent on each other.
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by comment176 17y ago
The problem with your analysis is that a business needs investors and customers to succeed. Excessive saving can harm an economy.