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Robert Frank: Commonsense Principles for Troubled Times

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Commonwealth Club of California

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bryphi Avatar
bryphi
Posts: 7
Posted: 07.07.09, 04:37 PM
Yeah...

Keep the slaves working so they can continue to filter their money up to the bankers.

great idea... NOT

This guy is a joke, and obviously doesn't have a clue as to the problems in our society.
The greedy and the ruling class that is bought by the greedy... That is what needs to change! They can print as much money as they want, but it does no good if it always ends up in the same place...
Get a clue!
theoriginaldrifter Avatar
theoriginaldrifter
Posts: 22
Posted: 07.07.09, 01:56 PM
@ntoi - Printing money on a whim is a bad idea. It decreases the value of the currency and creates new problems. You can check here for a good list of reasons why printing money is not a good idea: http://economics.about.com/cs/money/a/print_money.htm
ntoi Avatar
ntoi
Posts: 2
Posted: 07.07.09, 12:52 PM
I have not heard such nonsense for a while. Why would the government spend money "digging holes to fill them back again" expecting that the money used to dig those holes be taxed in order to cover the government deficit? If the government can create money, just printed it and forget about circulating that money in order to collect taxes. On the other hand, if circulating money so people can spend it is the solution, why don't just mail each citizen a check and let them spend it and tax it from it? Gosh, Mr. Frank has apparently kissed his brains away.
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