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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (6473)	6/30/2010 7:39:02 PM
From: Real Man	Read Replies (1) \| Respond to of 218903

In theory it does not matter to the economy whether the Bic Mac costs $5 or $55, as long as it can keep growing. So, if he aims to avoid big unemployment numbers by dropping the salary of everyone else, it's understandable. In practice, however, all kinds of criminal elements feed off the printing press, the "first receivers" of the printed money. That leads to crony capitalism that rewards risk takers who should be punished, while distributing losses to the public. That is very counter-productive and can lead to a very long economic decline. -g/ng-