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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Dave who wrote (57265)4/2/2006 1:04:06 AM
From: Elroy Jetson  Read Replies (1) | Respond to of 110194
 
So you think its a terrific idea if new money is created "to drive down interest rates". I don't think you understand the end result of your "good idea".

Why not just mail everyone a check for $10 million, and that way everyone will be rich?

People who believe in your ideas are called "Currency Cranks."

Their ideas are based on a delusion that more currency makes everyone wealthier. For better or worse, its not true.
.



To: Dave who wrote (57265)4/3/2006 4:05:52 PM
From: gpowell  Respond to of 110194
 
If you want to learn more, I'd focus your internet search on Keynesian Economics and the IS-LM curve.

You might want to read this:

econ.ucdavis.edu