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Re: Our financial system is crumbling this week.
Posted: February 18 09, 2:22 pm
by Arthur Dent
clement wrote:If they want people to spend the money, why don't they just issue vouchers that can be spent / redeemed just about anywhere and they have an expiration date?
I believe Japan has tried something like this. Not sure how the logistics would work. I guess businesses would have to sign up to be approved retailers or something.
Re: Our financial system is crumbling this week.
Posted: February 18 09, 2:27 pm
by Jocephus
return to the barter system
Re: Our financial system is crumbling this week.
Posted: February 18 09, 2:41 pm
by lukethedrifter
I'm trying to understand this. We need to spend money that we don't have in order to keep afloat businesses that are getting killed right now because the economy crashed because we spent money that we don't have. Is this close to correct?
Me thinks we need a new economic ... yes, I'm going to use paradigm .... paradigm.
Re: Our financial system is crumbling this week.
Posted: February 18 09, 2:51 pm
by Arthur Dent
From an operational standpoint, borrowing isn't necessarily a bad thing when you can afford to repay. The USG can. But I'm with you on the paradigm.
Re: Our financial system is crumbling this week.
Posted: February 18 09, 2:54 pm
by Jocephus
i believe trump will be on letterman tonight...im sure they'll talk about finances
Re: Our financial system is crumbling this week.
Posted: February 18 09, 2:55 pm
by KyCardinalFan
lukethedrifter wrote:I'm trying to understand this. We need to spend money that we don't have in order to keep afloat businesses that are getting killed right now because the economy crashed because we spent money that we don't have. Is this close to correct?
Me thinks we need a new economic ... yes, I'm going to use paradigm .... paradigm.
I think we could all use a pair of dimes.
sorry.
Re: Our financial system is crumbling this week.
Posted: February 18 09, 2:57 pm
by lukethedrifter
Jocephus wrote:i believe trump will be on letterman tonight...im sure they'll talk about finances
There's almost nobody I'd rather not listen to more than The Donald.
Re: Our financial system is crumbling this week.
Posted: February 18 09, 2:57 pm
by TimeForGuinness
KyCardinalFan wrote:lukethedrifter wrote:I'm trying to understand this. We need to spend money that we don't have in order to keep afloat businesses that are getting killed right now because the economy crashed because we spent money that we don't have. Is this close to correct?
Me thinks we need a new economic ... yes, I'm going to use paradigm .... paradigm.
I think we could all use a pair of dimes.
sorry.
she's here all week...be sure to try the veal.
Re: Our financial system is crumbling this week.
Posted: February 18 09, 2:57 pm
by Jocephus
lukethedrifter wrote:Jocephus wrote:i believe trump will be on letterman tonight...im sure they'll talk about finances
There's almost nobody I'd rather not listen to more than The Donald.
what are you talking about...he'll bring a fresh perspective
Re: Our financial system is crumbling this week.
Posted: February 18 09, 4:33 pm
by AdmiralKird