What would happen....IF
obieone
Posts: 5,077
We all took 2 weeks vacation, retail, manufacturing, etc. at the same time, and didn't go anywhere, buy anything, spend any $$$ at all?
We all cancelled our cell phones, cables/ sat. service, internet service for 30 days, 6 months, a year?
They really did try to repeal the 2nd Amendment(as so many believe)
None of these questions are designed to start a political dabate, just curious what everyone thoughts, or outlooks are
We all cancelled our cell phones, cables/ sat. service, internet service for 30 days, 6 months, a year?
They really did try to repeal the 2nd Amendment(as so many believe)
None of these questions are designed to start a political dabate, just curious what everyone thoughts, or outlooks are
I refuse to argue with idiots, because people can't tell the DIFFERENCE!
Post edited by obieone on
Comments
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In Quebec, it's called 'construction week', or 'semaine de la construction'.
Not everyone takes time off, but a lot of workers get two weeks off in July to tend to personal projects. Cottage country gets packed around that time. -
That probably wouldn't be to good for our economy right now.The nirvana inducer-
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what would happen if...... the goverment would bail out the american people?
say, give every household $100,000 dollars to pay bills,buy whatever we wanted. i think that would help the economy more than giving the bankers and car companys billions of dollars so there ceo's can get there multi-million dollar bonus's:D -
mewisemagic wrote: »what would happen if...... the goverment would bail out the american people?
say, give every household $100,000 dollars to pay bills,buy whatever we wanted. i think that would help the economy more than giving the bankers and car companys billions of dollars so there ceo's can get there multi-million dollar bonus's:D
That's what I was saying the entire time when the original AIG bailout was going through the system. If everyone in the country was all of a sudden able to pay off their debt, buy a new car, buy a new TV...put a big down payment on a house, or whatever else they decided to do with it...it would stimulate the economy more than any of these bailouts will.
That won't happen though...none of us are friends with the right people I guess...it's not who you are it's who you know...as the old saying goes.
Especially when they're using some of that bailout money for big bonuses for the CEO's and luxury resorts for the top exec's and everything. The CEO's have to get their big 1.2 million dollar bonuses though...how are they supposed to keep up with their Lamborghini and yacht collections without them? :rolleyes:The nirvana inducer-
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If you gave everybody $100,000, don't you run the risk of hyperinflation or would the increase in goods and services be merely a temporary phenomenon? You could attempt price control but that may result in shortages and black markets?
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No doubt it would cause more problems than most people would ever imagine.fatchowmein wrote: »If you gave everybody $100,000, don't you run the risk of hyperinflation or would the increase in goods and services be merely a temporary phenomenon? You could attempt price control but that may result in shortages and black markets?
REGARDS SNOWWell, I just pulled off the impossible by doing a double-blind comparison all by myself, purely by virtue of the fact that I completely and stupidly forgot what I did last. I guess that getting old does have its advantages after all
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100,000 dollars to each person may have been a bad thing ultimately. If you took the 700billion dollars for the AIG bailout though, and divided it between all Americans over the age of 18, every person would have gotten somewhere in the neighborhood of 2500 dollars. Most people would be able to use that to pay off a lot of their debt, and still be able to go out and buy something to boost the economy. If you didn't have any debt that needed to be payed off immediately...you could have just went and spent it.
That would have boosted the economy a lot, without over boosting it and making inflation go crazy. Maybe that wouldn't be a good idea in the long run...but it sure sounds like one to me.The nirvana inducer-
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100,000 k? I'd laugh but im afraid ill choke. More like people will get 800 a piece, 4000 a household and it will go to 40 oz. in urban areas. (or maybe to debts.. or 40's...) rather.. how about lower taxes?
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ok ok my bad but if 100,000 went to every household and people stopped spending and going to work..
the Chinese would love it. -
sdschwendener wrote: »100,000 k? I'd laugh but im afraid ill choke. More like people will get 800 a piece, 4000 a household and it will go to 40 oz. in urban areas. (or maybe to debts.. or 40's...) rather.. how about lower taxes?
Buying 40's helps stimulate the economy too...all that matters is people spending money.
Like I said, if they money had been divided between all of the adults in America, each person would have gotten roughly 2500 dollars. Granted, that may not be the end all answer either, but wouldn't that be better than us giving big corporate bailouts to companies like AIG that are going to go and spend it on million dollar luxury resorts in California for all of their top execs to go take a vacation? Or handing out 1.2 million dollar bonuses to their big CEOs?The nirvana inducer-
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Audioquest Speaker Cables and IC's -
If your Aunt had balls she would be your Uncle
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A 100,000.00 would buy me a really nice TT, SACD player, amp/pre, cables and a sweet LSi system. That's what I would call Real Stimulation.
Thats called audio stimulation here.....I have Leilani for the real stimulation
Happy Holidays either way...................hope they are stimulating for ya too:D -
fatchowmein wrote: »If you gave everybody $100,000, don't you run the risk of hyperinflation or would the increase in goods and services be merely a temporary phenomenon? You could attempt price control but that may result in shortages and black markets?
Scenario 1 -
So far, through all the different bailouts, we have given away/been robbed 10,000,000,000,000 (10 trillion)
and hyperinflation is just around the corner........
Scenario 2
If we gave everyone - not just households - 100,000 the total would be
25,000,000,000,000 (25 trillion) (my census numbers may be a little old) and hyperinflation is just around the corner........
In Scenario 1 - those in charge take our wealth and we owe them still........
In scenario 2 we get rid of our own debt so we no longer owe them(ever see the movie Fight Club?) and there is an increase in demand for goods and services.......but the rich get a much smaller return on this scenario........
If you were making the decision
- ie - if you were the one in charge.........
which scenario would you pick?
What we have now is even more sinister.......because those in charge are making everyone think it is necessary for their well being that they take our money, crash the dollar and therefore our savings, and make sure that we will never be able to pay off our debt.......what is this called? -
