42fordprefect
avenger
"We are wrong no matter what right answers there are we are all truly wrong.... im here to correct."
Posts: 544
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Post by 42fordprefect on Apr 9, 2009 10:17:13 GMT -5
Anyone here scared about the recession?
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Post by browncoateric on Apr 9, 2009 10:56:26 GMT -5
I actualy figured out how to solve the economy problem. But O'bama decided to not take my advice and do THE EXACT OPISIT.
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Post by deathgodstorm on Apr 9, 2009 14:45:57 GMT -5
what was your plan?
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Post by browncoateric on Apr 9, 2009 15:01:10 GMT -5
Everyone burns a hundred dollers. See the reason prices rise is because we have more money in siculation. the more money we have the less each bill is worth. So if everyone burns 100 dollars that's billions if not trillions out of siculation which means prices have to drop.
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Post by batmanrip on Apr 10, 2009 14:43:30 GMT -5
I took this picture at the beginning of the semester. Its a accounting boo, still in the wrapping, but look at the company on the back of the book.  |
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Post by sportimus on Apr 11, 2009 3:22:12 GMT -5
How about we just stop printing money for a little while instead of burning a $100? On top of that, how about not spending like crazy with wasteful government spending (ie Stimulous bailing out AIG and other companies). That would actually help.
You're right about having too much money in circulation. The solution I gave will solve that. Also, we need to stop borrowing money. that also de-values the dollar. Government needs to spend less.
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Post by browncoateric on Apr 11, 2009 9:26:14 GMT -5
Your way would work in the long run. But my way would take effect imediatly.
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Post by weslyv1 on Apr 15, 2009 16:53:19 GMT -5
but it would only last for a short period of time. sooner or latter the mony would build up again. unless you plan on creating a "burn a hundred dollars" holiday your idea kinda sucks
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Post by browncoateric on Apr 15, 2009 19:20:25 GMT -5
Would fix it for nowe and let us start over.
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Post by spuppet202 on Apr 18, 2009 9:07:42 GMT -5
I think they gave out the hundred dollars to get people spending again. Sure, it lowers the value of the money, but it gets money circulating again with people spending and giving more money to compainys which could then pay people so they can spend more ect ect. Burning the money would help for a bit, but then people would be less better off and would hord their money even more preventing the economy from recovering.
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Post by weslyv1 on Apr 19, 2009 15:35:59 GMT -5
i think we should print more money that way everyone wins more money in circulation would mean more money for loans and more loans for jobs more jobs means more money being spent means the economy becomes stable
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Post by browncoateric on Apr 19, 2009 15:40:50 GMT -5
But if you print more money that means the money becomes worth less. which means everything becomes more expensive.
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Post by weslyv1 on Apr 20, 2009 12:47:56 GMT -5
thats the idea money is worth less
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Post by browncoateric on Apr 20, 2009 15:00:29 GMT -5
But that makes prices go up. So then peoples jobs aren't paying them enough. And then companies start firing people because they need more money. And then people don't have jobs again.
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Post by weslyv1 on Apr 21, 2009 16:07:02 GMT -5
people already dont have jobs think about it money is nothing more than a piece of paper with a number on it its nothing more than a glorified bartering tool
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