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Strategies & Market Trends : New US Economy Policy

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From: Arthur Tang11/21/2008 5:26:10 AM
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Essay on deflation and inflation as economical policy.

Deflation is over supply. Inflation is over demand. Economical policy is a balance of supply and demand.

So, technology is the driving force of demand. Better everything(taste, feel, faster, beautiful, etc.) and cheaper(by production quantity) too.

Recently, we have productivity driving the economy. Machines do work cheaper and supply more quantity. But people have higher wages designing machines. Computer designs are being changed since last year.

Food industry is changing to recipes rather than uncooked produce. Clothing is going to be manufactured by liquid(nanotechnology solidifying to) threads, not using sewing machines. Cars(by Nascar research) will be bigger and lighter for safety and economy. Houses will be free of maintenance for 100 years?

When we replace cheap labor by machines, we are gaining quality and productivity and cost goes down, more money will change hands by distribution. Economical growth has been proven by the cost and technology of transistor manufacturing.

We must follow the past to handle the future. Giving people free money without work output is just plain stupid. We must demand technology that makes sense not pipe dreams.
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