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High Quality · 08-22-2003, 10:27 PM

Actually mark, you're way off.

Its a proven fact that government's play the largest part in economies both locally and internationally. Tariffs affect imports in a significant way. Degrees of taxation are directly proportional to investment in local economies. So its not "people are afraid to spend"... not in america. Perhaps that was the japanese problem of the early 1990s, but not in America.

As for your misconception about "limited amount of money flowing"... you are completely wrong. New wealth is created every day, AND governments increase the money supply by vast amounts on a daily basis. This is called inflation, and governments use this to their advantage in many, many ways. A lot of business and foreign investment is entirely based upon a country's inflation rate.

Economy in the grand scheme isn't as complicated as most modern "Keynesian" economists think it is, or want it to be. Alan Greenspan is a true moron who is considered a demi god by congress. Monetary and Fiscal policy, haha.

Anyway, hope that clears some stuff up for you.

08-22-2003, 10:27 PM
High Quality Confirmed User Join Date: Feb 2002 Location: Vegas Posts: 5,741	Actually mark, you're way off. Its a proven fact that government's play the largest part in economies both locally and internationally. Tariffs affect imports in a significant way. Degrees of taxation are directly proportional to investment in local economies. So its not "people are afraid to spend"... not in america. Perhaps that was the japanese problem of the early 1990s, but not in America. As for your misconception about "limited amount of money flowing"... you are completely wrong. New wealth is created every day, AND governments increase the money supply by vast amounts on a daily basis. This is called inflation, and governments use this to their advantage in many, many ways. A lot of business and foreign investment is entirely based upon a country's inflation rate. Economy in the grand scheme isn't as complicated as most modern "Keynesian" economists think it is, or want it to be. Alan Greenspan is a true moron who is considered a demi god by congress. Monetary and Fiscal policy, haha. Anyway, hope that clears some stuff up for you. __________________ RecurCash.com - Averaging $38/sale with 60% revshare in the first 4 months alone! Convert your TEEN traffic today @ better than 1:500 guaranteed. ICQ me: 18287590!