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Subject: »NEWS AROUND THE WORLD

2013-02-12 12:26:42
uff.
Read again what you quoted.
how come this "moral aspect" after 10 years of this commercial war?
first you steal to an economy any real alternative, then you question about the medicien it needs because of moral aspects?

edit:
anyway this bullshit of printing money= inflaction doesn't run, so this speech is useless.
(edited)
2013-02-12 12:44:55
how come this "moral aspect" after 10 years of this commercial war?

I do not consider free trade commercial war.

anyway this bullshit of printing money= inflaction doesn't run

You've said that a couple of times now, but you haven't explained why this generally accepted economic theory would be untrue.
2013-02-12 14:03:54
you haven't explained why this generally accepted economic theory would be untrue.

where and when it becomed a "generally accepted economic theory"?

if it is true why almost every country in the wordl is printing money (BCE included!)?

once again, I don't have time with this. in fact printing money is useless in our situation.
2013-02-12 14:11:24
where and when it becomed a "generally accepted economic theory"?

I don't know, since like the first guy on earth thought about it?

if it is true why almost every country in the wordl is printing money (BCE included!)?

Because an inflation level of about 2% is generally considered ideal to stimulate the economy. Do you have any knowledge of basic economic theory on inflation at all?
2013-02-12 14:24:51
Because an inflation level of about 2% is generally considered ideal to stimulate the economy.

again, you take the common sense statement as economic theories.
It's unbelievable that this 2% still alive on debating...
2013-02-12 14:30:48
What the ...
2013-02-12 21:17:29
I dont agree. I know such a stupid curves, I teach them my students at the past :-D but it is curve when you have big economic problem with state finances and you want use some solutions like this. But my opinions is, that we should solve problems sooner and not after there is such big problem so such a bad solution can be good in one way.

Printing money and inflation is robbery of all people who have savings. It just helps to state which has economical and financial problems and also it helps for poor people which usually dont have savings. Minimal salary will grow up, so inflation will not hurt them so much as it hurt middle class cos their salary will not grow just because there is inflation!

I am not rich man, so I could like such a methods, but I am against bad solutions.

I like more idea that politics are here not just for short therm goals which they usually achieve by cheating just for raising popularity. We should have so good ministry of finance that we never had to solve such a problems like these crises problems are. It is more about responsibility but democracy like more popularity :-)
2013-02-12 21:23:24
inflation and printing money can help to business, cos companies debts will have lower real value and their expenditures for empl. salaries will have again lower real value. But there is a problem that there are a lot of states where is bad competition so businessmen are not forced to raise salaries if their selling prices go up due to inflation... so what is good in theory and in books is not good in real life :-)

for example, korean companies raise every year salaries of their workes for inflation. they read it in books so they do it. OK, nice... but most of Slovak companies (except main town Bratislava) will never raise salaries just because there is inflation. Low competition give them big power, so we have now very little and poor middle class, cos most of people are in poor class. Some of they are starting so Philip's curve will really dont help them :-) !
2013-02-12 21:24:51
I studied all this big, huge and sophisticated economics theories at the past....but economics is sometimes very easy, if you dont talk about theories but when you talk about some simple case/example :-)
2013-02-13 01:57:40
In your example that inflation "helps to business, cos companies debts will have lower real value and their expenditures for empl. salaries will have again lower real value" also mean that employees will get lower salaries a creditors will have less money. Employees will be less rich and therefore less willing to spend money for products and services. If creditors investment will become risky, he will will raise interest or even will be less willing to give loan. Every printing will also create bubble, simply put, time for correct new allocation which can be used by speculants. For me its hard to find something positive in it for long-term...Unfortunately I am not economist to see everything. From what I have learnt, economics is about simple but too many things. Common mistake is that man sees profit but he doesnt see loss. And vice versa.
(edited)
2013-02-13 10:58:32
if you have big unemployment, i say printing money is needed. Not for big companies ( whom i dont care about), but for little companies having more cash so creating more jobs

yeah, people with savings would loss value ( their savings), every action in economics benefit some people and prejudices another people, i dont know any action wich benefits everyone
2013-02-13 21:56:34
Levitate, who is in charge of the money in a libertarian society? Or, if nobody is in charge, how is it organised?
(edited)
2013-02-13 23:44:19
red, read my previous posts, I am against printing money and inflation, I agree with you :-)
2013-02-13 23:47:56
it is better dont have big unemployment, for ex... if spain has started solve their economics problems sooner and if they didnt make so huge debt (maybe they just believe that inflation and gdp grow will give them chance for raising debt nonstop) you wouldnt need such a bad solutions as printing money.

I am talking about solutions of core economics problems, not solving consequences of bad politics decisions.
2013-02-14 02:55:45
austerity solving economic problems is a falacy

the new deal, wich isnt new at all nowadays, is what solve economic problems

you wouldnt need such a bad solutions as printing money.



how much money should be printed in your opinion?

not solving consequences of bad politics decisions.


in the global economic politics , thinking that home politics have big effect on home economic, is false

see, many motor companies decide to come to Spain, even we have bigger salarys than your country per example, and many other countries.


(maybe they just believe that inflation and gdp grow will give them chance for raising debt nonstop)


only a person who dosent know economic at all could think that : P . Mainly, because in euro zone is the ECB who decides the amount of money to be in the eurozone, and not national central banks

you say as a dogma that "printing money os bad" , but in real economics, dogmas dosent work. So, printing money os bad or good, depending on the context
2013-02-14 02:59:56
I am against printing money and inflation, I agree with you :-)


so you should join plannifiqued economies sich as communism. In free market economis, you cant decide the inflation rate evey year, you can try but is just a try, because economy dosent depends only on the satet but on millions of choices made by millions of persons, and this is actually sooo basic


inflation as a rate is just a media, even you think "in my country there is not inflartion", well you can have a 0 rate ( wich i doubt), but some individual products will have raise of price ( inflation) and some lower prices than last year ( deflation)

Is not so easy as "printing money is bad" or "printing money is good", thats not a religion
(edited)