SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Microsoft Corp. - Moderated (MSFT) -- Ignore unavailable to you. Want to Upgrade?


To: The Duke of URL© who wrote (24)8/3/2002 4:25:33 AM
From: The Duke of URL©  Read Replies (1) | Respond to of 19790
 
"People will some times become so "depressed" at working so hard, only to have the government take it away AND then piss it away on useless projects or give it away to their "in" friends that they just stop working. "


And it's not the little people who get depressed that matter. When you are starving during the depression, you want to work, and last time, people did, even for 2 dollars a WEEK!

The people who I am speaking of, are the entrepreneurs, the people who create jobs, and productivity and products and things and cash flow and business.

The flakes and flim flam artists and the politicians are always around, they never quit. It is the bright, creative people who say screw it, why bother. It was people like Gates who said, hey, cheaper is more expensive, electrons don't cost anything to duplicate....and like that.

Vote for Duke for King, and I will solve all this junk in about 3O minutes.



To: The Duke of URL© who wrote (24)8/3/2002 7:19:00 AM
From: John F. Dowd  Read Replies (1) | Respond to of 19790
 
Duke: IF the economy gets to this level, THEN you are correct and the only thing left is for the government to flood the economy, by turning on the printing presses, withdraw interference and controls and then wait just wait until everyone forgets what happened the last time.

All of the above is correct except the IF.

JFD



To: The Duke of URL© who wrote (24)8/3/2002 11:11:50 AM
From: Exacctnt  Read Replies (1) | Respond to of 19790
 
<<<This is Paul Samuelson, demand side, economic theory. >>>

Hey those college economic courses in the 70's did have some sort of influence on me. Can I help it if they were Samuelson textbooks?<g>

You're right about the money supply, which is the Fed's other tool they can use besides interest rates. Letting loose the money supply gates also increases market liquidity which should allow easier credit. But this method has its dangers as well. That increased availability in the money supply sometimes does not lift all boats or even the depressed sector. Witness pre Y2K flooding the markets with excess money. That increased liquidity substantially boosted dot.bomb mania. Even with increased money supply and easier credit. I doubt if financial institutions will throw money at deeply troubled industries such as the telecommunications industry.

What may help a distressed telecommunications industry would be temporary government stimulus using fiscal policy to provide either a tax incentive and/or subsidy that would help fund, as an example, broadband deployment.