24 Nov 12
Originally posted by KazetNagorraI think you have a Communistic style government and government confused. Only governments that are being misused to redistribute wealth are ones used as you describe. There was a time, not so long ago, that this country was not run by such people.
I think you are a bit confused. A government uses "other people's money" and uses it for various things (collective goods, imports). The government is a "concern" of everyone in a democracy. So by definition people have a say about other people's money in any form of democracy.
25 Nov 12
Originally posted by EladarDude i don't even think you know what a communist government is. Have you read
I think you have a Communistic style government and government confused. Only governments that are being misused to redistribute wealth are ones used as you describe. There was a time, not so long ago, that this country was not run by such people.
the Quiet American by Graham Greene, awesome book! Poor Pyle, so full of ideology,
so ignorant of reality.
25 Nov 12
Originally posted by robbie carrobieWhy don't you give us the abridged version, since you're so up on the topic?
Dude i don't even think you know what a communist government is. Have you read
the Quiet American by Graham Greene, awesome book! Poor Pyle, so full of ideology,
so ignorant of reality.
25 Nov 12
Originally posted by sasquatch672I did, you were either unable to comprehend its significance or so blinded by your
Why don't you give us the abridged version, since you're so up on the topic?
prejudices that it reverberated against the side of your head and dissipated into the
stratosphere. I rarely contend with the politically indoctrinated, its a complete waste of
time.
25 Nov 12
Originally posted by robbie carrobiePolitically indoctrinated. Do you actually read my posts?
I did, you were either unable to comprehend its significance or so blinded by your
prejudices that it reverberated against the side of your head and dissipated into the
stratosphere. I rarely contend with the politically indoctrinated, its a complete waste of
time.
25 Nov 12
1 edit
Originally posted by Metal BrainIf the rich need help spending some money I would gladly volunteer my services.
Some say if the rich had to spend some of the wealth they have accumulated it would stimulate the economy. Others say the rich are already being taxed too much and that is not the solution.
Who needs to spend more and what is the best way to get them to do it?
25 Nov 12
Originally posted by Metal BrainHoarding money is a meaningless concept. Money is purchasing power; you cannot hoard it; you can merely decline to use it. When you decline to use it, you are not depriving anyone of its utility; it merely has no impact on the market. Resources cannot be hoarded. Abstract numbers that represent ability to acquire resources cannot be hoarded.
Some say if the rich had to spend some of the wealth they have accumulated it would stimulate the economy. Others say the rich are already being taxed too much and that is not the solution.
Who needs to spend more and what is the best way to get them to do it?
If I hoard a warehouse of food, nobody else can eat the food and so I'm hoarding it. But my holding $100m in a bank account does not deprive anyone else of a resource.
Originally posted by sh76Call it what you want, but declining to spend money can slow economic growth if that money is in too few hands. Some might say that the gap between rich and poor is part of the problem.
Hoarding money is a meaningless concept. Money is purchasing power; you cannot hoard it; you can merely decline to use it. When you decline to use it, you are not depriving anyone of its utility; it merely has no impact on the market. Resources cannot be hoarded. Abstract numbers that represent ability to acquire resources cannot be hoarded.
If I hoard a war ...[text shortened]... hoarding it. But my holding $100m in a bank account does not deprive anyone else of a resource.
Perhaps you can tell me why our economy is in bad shape if it is not because a lot of money is sitting idle.
Originally posted by sh76Money can be hoarded because those without money are legally obligated to pay rent to the rich. The combination of money hoarding, money concentration, political-legal suppression of alternative money influx - you end up with a broken monetary system where the rich use the government to terrorize the poor so rich people can get even richer.
Hoarding money is a meaningless concept. Money is purchasing power; you cannot hoard it; you can merely decline to use it. When you decline to use it, you are not depriving anyone of its utility; it merely has no impact on the market. Resources cannot be hoarded. Abstract numbers that represent ability to acquire resources cannot be hoarded.
If I hoard a war ...[text shortened]... hoarding it. But my holding $100m in a bank account does not deprive anyone else of a resource.
25 Nov 12
Originally posted by EladarAh, you mean 1776? If I'm not mistaken, the US constitution (don't your kind of people have a fetish for it?) grants taxation powers to the US government, and the people have the power to choose the government, and thus indirectly set taxation on others. So I guess you feel democracy = communism. Any kind of taxation redistributes wealth.
I think you have a Communistic style government and government confused. Only governments that are being misused to redistribute wealth are ones used as you describe. There was a time, not so long ago, that this country was not run by such people.
25 Nov 12
Originally posted by KazetNagorraNo, I do not mean 1776, more like 1940's. Communism started to take root in this country about the time of FDR.
Ah, you mean 1776? If I'm not mistaken, the US constitution (don't your kind of people have a fetish for it?) grants taxation powers to the US government, and the people have the power to choose the government, and thus indirectly set taxation on others. So I guess you feel democracy = communism. Any kind of taxation redistributes wealth.
25 Nov 12
Originally posted by Metal BrainLet's see. We have a fiat money monetary system in which 3% inflation is considered the norm. So if you don't spend your cash, or get a 3%+ return on it, it is evaporating. Most people with accumulated wealth aren't total idiots.
Call it what you want, but declining to spend money can slow economic growth if that money is in too few hands. Some might say that the gap between rich and poor is part of the problem.
Perhaps you can tell me why our economy is in bad shape if it is not because a lot of money is sitting idle.
The only reason that they would "hoard" cash, that is not spend or invest it, is that the risks of "investing" or even saving are greater than the anticipated return.