Go Back   Club Conspiracy Forums > General Conspiracy Discussion > General Conspiracy Discussion
FAQ Members List Calendar Search Today's Posts Mark Forums Read



Reply
 
Thread Tools Display Modes
  #11  
Old 11-06-2005, 08:55 PM
Shannow Shannow is offline
Senior Member
 
Join Date: Aug 2005
Posts: 311
Default Re: Junior economics question II: what's this obsession with economic growth?


They don't print it anymore, anyway.

I work all week, and get a numder accredited to my account. I take some out as cash, send some of it out using debit cards, or internet transactions, "earn" another percentage of what's left over as interest, and another amount is automatically taken out of my account to pay the interest on a mortgage. When I bought my house, I didn't see a cheque for whastever to hand to the seller, it just happened, and I ended up with a negative balance.

Reply With Quote
  #12  
Old 11-07-2005, 07:49 PM
this this is offline
Senior Member
 
Join Date: Feb 2005
Posts: 281
Default Re: Junior economics question II: what's this obsession with economic growth?

Hopeless wrote
Quote:
How... can there be any economic growth from the increasing welfare state? If anything it's a debt accelerator.
Yes, in a bad system, more debt (credit) is good (or the only thing that will work). If you have a gas guzzler that runs lousy you give it more gas, not apple juice
Reply With Quote
  #13  
Old 11-07-2005, 07:53 PM
this this is offline
Senior Member
 
Join Date: Feb 2005
Posts: 281
Default Re: Junior economics question II: what's this obsession with economic growth?

Thumper wrote
Quote:
but I thought inflation was a bad thing

what happens if we don't grow?
The whole system is bad, and can not be reformed. It needs to be replaced entirely.

If you don't grow, you stagnate. You get a recession, lay-offs etc. Starvation, war... etc.
Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
So-called Economics is a Rockefeller con-job George_Bush Share the knowledge 0 09-15-2007 11:59 AM
BAH, tell us about your obsession with Makow. cold General Conspiracy Discussion 1 02-05-2007 08:26 AM
Junior economics question: would a barter economy defeat the private banks? Thumper General Conspiracy Discussion 13 02-10-2006 10:15 AM
Question: is the economic status of the Third World mostly owing to the NWO? Thumper General Conspiracy Discussion 14 11-19-2005 08:33 PM
What is the big deal about 'growth'? jason_ou812 General Conspiracy Discussion 6 09-23-2005 05:14 AM


All times are GMT -6. The time now is 02:00 AM.

Powered by vBulletin® Version 3.6.12
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.