Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
It's not looking like it's creating more production.

There are empty houses, and homeless people, and yet there's no easy way to put the homeless people in the empty houses because for some godforsaken insane reason the rules don't allow it.

That's a microcosm of the entire depressed economy. There's stuff which should be happening, and stuff which could be happening, and people who want either or both kinds of stuff.

But the rules say you can't get from A to C without going through B. And the bridge is out at B.

Why worry about 'purchasing power' when nothing else that's happening makes any sense at all anyway?

by ThatBritGuy (thatbritguy (at) googlemail.com) on Tue Dec 23rd, 2008 at 08:46:16 PM EST
[ Parent ]
... the way it went away was with a massive creation of purchasing power in a grossly wasteful world war.

If we could get the increase in purchasing power without the blowing people and stuff up part, and get it more quickly, that would be nice.

Indeed, getting the purchasing power in people's hands is the "B", the bridge to which has been blown up by the bonus babies and their half-baked get richer quick schemes.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Wed Dec 24th, 2008 at 12:42:42 AM EST
[ Parent ]


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