That you'll do something that's doesn't make money.
Na harOriginally Posted by Ocean1
Or we could prepare for floods and make better use of it. Doh, that sort of shit doesn't have a good roi.Originally Posted by Ocean1
Will do.
Sorry. Right before the GFC.. Was that 0.5% before or after the stock market crash of the 80's? Now why did unemployment suddenly rise?Originally Posted by Ocean1
How have govts stopped them?Originally Posted by Ocean1
Nope, they don't know seem to know what to do. Probably worried about job security.Originally Posted by Ocean1
Exactly. That and you can also employ as many people as you like... well those who wouldn't mind contributing that is. I say that'll be the vast majority. You don't... but it's a possibility.Originally Posted by Ocean1
Again with the denial that they pluck money out of thin air. Did you watch the 7 sharp snip and then go and find the IMF document that says that they do? Sure you don't want to change your mind on that? So lots of effort mitigating the effects of recession whilst trying to mitigate recession entirely. Hmmmm, I wonder how they keep getting it wrong. Given the damage their failure causes, much better to just remove the mechanism entirely and carry on without the boom and bust cycle.Originally Posted by Ocean1
True. They're gaining billions per month given that they have trillions in assets. The money to pay for that interest has to come from somewhere. If you're not going to print it, where is it going to come from given that the main "producers" are the very same people who are creaming it?
You may have a point there. However some businesses sectors are now being subsidised by the govt, so hopefully that'll bring down lending rates for business loans... although that kinda makes them bludgers.
You must have a serious printing press.Originally Posted by Ocean1
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