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The Financial Cliff
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<blockquote data-quote="TUT" data-source="post: 1075311" data-attributes="member: 29298"><p>Every single time it changes hands, perhaps hundreds of times then. That is how it works. Circulating money is key, not saving for this whole thing to go round. Prior to the bubble, "you should save", after the bubble "you should spend and actually saving can negatively affect the economy". That is why I say they could give us all an extra 25K per year, and we'd do them proud by consuming it on goods to bring workers, wages and the economy back as strong as ever. Money, the amount of it and pretty much anything about it is a man made situation that can and should be manipulated properly. Sure you keep an eye on inflation, but you don't immediately throw out the inflation card, that is when there is a large abundance of money spread around, there maybe a lot of money our there today, but it's far from spread around well.</p></blockquote><p></p>
[QUOTE="TUT, post: 1075311, member: 29298"] Every single time it changes hands, perhaps hundreds of times then. That is how it works. Circulating money is key, not saving for this whole thing to go round. Prior to the bubble, "you should save", after the bubble "you should spend and actually saving can negatively affect the economy". That is why I say they could give us all an extra 25K per year, and we'd do them proud by consuming it on goods to bring workers, wages and the economy back as strong as ever. Money, the amount of it and pretty much anything about it is a man made situation that can and should be manipulated properly. Sure you keep an eye on inflation, but you don't immediately throw out the inflation card, that is when there is a large abundance of money spread around, there maybe a lot of money our there today, but it's far from spread around well. [/QUOTE]
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