posted on Sep, 22 2012 @ 12:23 PM
reply to post by Merinda
Capitalism does not require a constant injection of new money that is Kaynesian economics BS.. WE DO NOT HAVE CAPITALISM AND HAVEN'T FOR AT LEAST 50
YEARS... Capitalism requires free markets and liberty we have neither.
New money should come from tangible items of value traded for equal value gold silver commodities etc based on supply and demand not some
government/banksters arbitrarily printing it or typing in digits on a computer screen.
it is a means of exchange pure and simple. People should be able to use whatever they like for money and what ever anyone they transact with will
accept. Its nobodies business what I use for currency but mine and whom ever I am trading with.
Constantly injecting money into the economy is part of the Kaynesian fiat system and designed to inflate the economy so banksters and speculators can
steal the wealth of the people based on the false prosperity (rise in prices). Along with giving a banking cartel a government protected monopoly on
the monetary system. That is not capitalism that is theft and fascisim...
It is a far to complex to explain in a simple post which is why moist people have no clue how the system works and why we are in the mess we are in
even though it is perhaps the most important thing in our lives and will be the death of the economy soon...
PS their is no need for a saving rate of 0 that is ridiculous where did you get that idea? Even a fixed amount of currency in an economy is always in
motion as people need to buy goods and services and it increases gradually as people create more real value thus they can save for things they need or
want as they trade their goods and services for money. The problem is your thinking that money must come from some central source like government
when that is not the case.
Prices always adjust to the amount of currency in circulation relative to the goods and services being produced. That is why it is wrong for
government to arbitrarily inject it into the economy. If you lower the amount of currency but goods and services remain at the same level prices will
naturally fall, the opposite if you inject currency. The amount of currency in circulation thus does not matter if it comes from actual supply and
demand i.e. an increase in goods and services thus prices will remain relatively stable, except with false inflation/deflation as we see in our
current fiat system.
edit on 22-9-2012 by hawkiye because: (no reason given)