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Old 12-16-2008   #10 (permalink)
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charles brough
Understanding


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Re: Economic Crisis; Solutions

Quote:
Originally Posted by Overdog View Post
Hmmm. No solutions. Well, I bought a years supply of food, a 30-30 with lots of ammo, and a water purification system.
Here is a real optimist! He expects it to be over in a year! (. . .just kidding!) I also believe it will be over that soon!

Here is why: The government is flooding the system with new money. As long as problems grow worse, and they will, the government will of course continue to do that. About 6 months after the stock averages start rising, t(soon) the mass of money that is now flowing into treasury bonds and paper by panicky individuals and business will start to flow OUT of it into all these now-very-cheap assets such as houses. The dollar will fall in value making prices recover and what we produce cheaper to the rest of the world.

We are making one big mistake due to the classist privatizing privateers in government. They would have us believe owning stock in financial and auto production businesses is "evil" ("socialism"). Our problem is that money we use to help the financial and auto corporations with could be retired from the system as we recover if the government would always take back a stake in the corporations it helps. Otherwise, we build the foundation for hyper-inflation in the future.

charles brough
the Atheistic Science Institute - home page

P.S. Overdog, how about a propane tank, stove and light as well? Did you overlook getting an electric generator?


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charles, http://atheistic-science.com
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