Reply to Nancy's stimulus package

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You do realize currency gets it's value from scarcity, correct?   Have you seen rising prices on products and services and shrinking packaging?  What will you do when a loaf of bread goes to $30?[/quote]
Right now, we have a reduction in demand but the products still exist.  This will cause prices to fall.  Creating more money right now will stabilize prices.  [/quote]

LOL WUT?

How will creating more money stabilize the prices?

What do you mean, "stabilize"? [/quote]
I'm not sure why you think this is funny.  Like I said, this is Keynesian economics.  It's been around for 90 years.  It's what the New Deal is all about.  But it's also exactly how WW II ended the Depression, how we went from unemployment to labor shortage, and Keynes said long before WWII that war could do exactly that.

Keynes was only half-believed at the time, which is why most countries were not willing to spend the huge sums needed to really end the Depression.  So go study the theory and the history, then come back and critique it.  Don't just laugh it off.  [/quote]

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