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[quote=Anonymous][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]

After WWII, the economy grew through pent up demand for more modern automobiles, housing, appliances, etc. These are all goods.

Today, what do we have? An over abundance of housing, furniture, automobiles, modern appliances and electronics, etc.  You say housing? Yes, housing, overall in the entire country, housing is in oversupply. If you want to live in the middle of a big city, it's not, but that choice of where to live is up to you.

Everything else is in over supply.  So much so, that much of it is a cheap commodity. Yeah, the newest, latest and greatest TV and iPhone really are a commodity.

We've moved from goods oriented (product) to service oriented which are mostly paper pushing middlemen, actually.  Plumbers and electricians do front line work, but they have ten people behind them "supporting" them with administrative tasks that really push up the price, but really don't add much.

How in the hell are you going to "stabilize" automobile prices when they're extremely plentiful? So plentiful, that they're hiding them in back lots everywhere where no one can see them. I can't use the labor of a factory worker when the dealerships are full to the brim with cars.  You can print dollars.  Can you print chickens and chairs, tables and electricity?

There'a a metric shit ton of demand destruction going on today.  Your "New Deal" won't work, especially when it's really about destroying the USD by devaluing it. Pump and dump the fed with helicopter money and you'll have too many dollars chasing too few goods. That leads to inflation and kills those on fixed income, but please don't wall paper it over with politically correct terms like "stabilizing prices".  It's a BS term.  Don't lecture me on Keynes.  Do you really think you're the only one in the world who knows about John Maynard Keynes?[/quote]

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