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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (865)	3/14/2014 9:50:48 AM
From: Jerome	Read Replies (3) \| Respond to of 26600

Ok Robert.....I agree with your first statement The biggest obstacle confronting the global economy has been excess capacity and low demand for end product devices. I believe that the solution to low demand is to put more money into circulation by increasing the minimum wage. Henry Ford realized this 10 1917? when he doubled wages to increase demand for his products. FRD realized this in 1936 when he realized that the economy could not get any traction because there was not enough of money in circulation. Read the book "The Worst Hard Times" by Timothy Egan. It was shown that at least two counties in Oklahoma had no commerce at all because there was no money in circulation. The Republicans fought the W.P.A. (Works Progress Administration ), but it did put millions of unemployed men to work and gave the economy a positive jolt. Many companies like Apple and Cisco have tons of cash on the balance sheet but not very many good ideas on how to use it. Investors say invest and expand....Apple and Cisco say..."in what". Apple could buy a phone company like T Mobil, but that would displease too many investors.