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Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (1630)7/24/2016 6:37:41 PM
From: THE ANT  Read Replies (3) | Respond to of 2504
 
John I think that the printing of money for infrastructure could resolve many of the problems of the lower middle-class. Labor will rise relative to capital and things could improve quickly. Again I am an optimist and feel that the answer is as easy as supplying more dollars into the world thirsty for dollars. Even Hyman Minsky said that capitalism is so potent that even when we do most things wrong the system provides increasing wealth even during recessionary cycles. Again I feel that this money printing has already been prepaid and the excess capacity is just waiting to be used. Although the government may not be willing to print at this moment they will be shortly when in an enraged populace goes after them or each other. I would like to see massive infrastructure spending in the inner cities and places such as you mentioned in New Jersey