11-03-2005, 07:11 AM
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I'm a great bowler.
Industry Role:
Join Date: Nov 2003
Location: Right Outside of Normal.
Posts: 13,309
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Quote:
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Originally Posted by BRISK
That sounds like the biggest load of shit ever.
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Did you not take Economics in College?
"Whenever there is a massive influx of money into a community or country, this creates all kinds of imbalances. It is like a boy made hyperactive by a steady diet of refined sugar. There is elation, energy, a kind of mania, but it tends to be destructive in the end. And it often ends up metabolizing into fat deposits. Well, this fat is the asset inflation of both the stock market and real estate. Instead of nurturing a small lean business that will generate jobs and real wealth and will create new assets, money is diverted into existing assets, inflating their price far above their fundamental value. Needless to say, this is completely unproductive and, in the end, harmful for the economy."
From http://www.ecorealty.org/new_economy.htm
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