I will not say that this Post is wrong, simply that it is not quite right. In-bred conditions are not fixed with quickly implemented Solutions in the economy. Billions of paper dollars are being pumped into the economy, from which massive loans and Profits are being paid out, all for operations which should not occur in the first place. One of the real Problems coming from the current financial crisis consists of the complete inability to separate real Profits from artificial Profits in terms of which items of financial paper to repay. The Answer came back that We should repay All, though it was clear that many of the assets were empty of value from the Starting Gun. We are again attempting to pay people for nothing, and the price remains extremely high.
Have you ever felt that people were trying to undermine your Confidence? Check out this Post by Richard Florida, courtesy of Felix Salmon. Everyone knows the intense value We all place on location knowledge, which is required for vital connection with Others. Old parochial attitudes towards Strangers come to the fore when discussing location, somehow imaging that foreign elements should be punished for some undefined Sin. I advise the Reader to be more skeptical of all who would help, as they are the most likely to deceive. I cannot place a real value upon the cited delusion, but We have always lost dollars because of it. The worst human design to enter the economic world is the concept of hotel/motel reservations, especially where such establishments are situated away from the common Thoroughfares.
Here is another individual who would brag up their own location. Sorry, but I still like Sagebrush and cattle, even if it makes slightly less money. Real men might use Antiperspirant, but why wear a Tie. New York might make the most Money, but it also may be the sole place where Anyone suffers from Deflation; the Authors of the first article might study on whether Deflation could be limited to the financial markets. Real people only pay bills, which are usually Inflationary. It is like that old basket of Goods on which Inflation is determined; the basket may be cheaper and inferior in quality through the years, but the Goods still cost more money! It is amazing How no Economist considers Stimulus itself to be an increase in the Cost of Goods; talk to your average Taxpayer. When they cobble up the Fix to make sure no one has to pay their Taxes again this year, comfort yourself in the knowledge that those Taxes will have to be paid sometime by Someone. lgl
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