As opposed to you, who wants capitalism? 1/2 million people homeless, plenty of tent cities, medical bankruptcy, growing chasm between the classes The 3 Richest Americans Hold More Wealth Than Bottom 50% Of The Country, Study Finds… Wow what a resounding success. Please sir, can I have some more?
Agreed. Shall we just let it run it’s course OR do something about it?
That would mean you would have to fundamentally change humans as a species. Not likely to happen unless you invent some sort of mind control chip.
Here we disagree. I think we can and should do something about it.
From what I remember reading, supply on it’s own probably wont cause inflation but increased spending will. So if you give money to those who will put it away then probably little to no inflation. If you give to those that spend it then inflation will occur. I believe this is called velocity of money.
I don’t believe the relief package in 2008 caused much inflation primarily because 90% of inflation comes from the activity of private banking. Since the government squeezed the banks and prevented them from doing much business, the relief package filled that void.
So…I guess you’re on board with the mind control chip.
So…I guess you believe that is the only way to change behavior. Run and tell all the parents they are wasting their time and they need to implant a microchip.
Telling humans not to be greedy is like attempting to prevent a lioness from hunting. Can only be done if the lioness is caged.
Lack of things to purchase will drive up their price. Just as Greenspan explained in the video above.
Then cage them. Throw them in prison.
You missed my point - you would have to cage everyone.
Not the leaders. And…we’ve arrived at the point of millions being killed in the 20th century over @castoli711’s preferred policies.
I’d rather live in a tent then be subject to that.
So everyone is guilty?
Greed is an innate characteristic of humanity, almost instinctual like the lioness’ ability/need to hunt.
There is a reason greed is covered as a “sin” by many religions.
And what are my preferred policies that have killed so many? Are your preferred economic policies, that which has been produced by capitalism?
Especially the leaders.
Greedy leaders are like Cerberus. Cut off one head and two more sprout out.
Hold them accountable and watch the numbers of them begin to fade. Consequences have their place.
Please tells us oh great Castolishamalamadingdong how one holds the greedy accountable.
Please share your infinite wisdom how you will hold those with all the power and money accountable without burning yourself and everyone around you to the ground.
You will be the first to solve the problem - a shining light to humanity.