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Old 08-10-2010, 11:39 AM
 
Location: South Jordan, Utah
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Quote:
Originally Posted by pvande55 View Post
The population theory sounds optimistic for the U.S. We have a fertility rate above replacement and let in more immigrants. Let's hope enough demand results to pull us out of the collapse and return to growth.
The problem is that births don't really help us for decades, kids actually cost us more until they are productive. Immigration would help but the public will be against "dem taken r jubs".
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Old 08-10-2010, 11:45 AM
 
Location: Texas
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Quote:
Originally Posted by pvande55 View Post

The population theory sounds optimistic for the U.S. We have a fertility rate above replacement and let in more immigrants. Let's hope enough demand results to pull us out of the collapse and return to growth.


Massive third world immigration is only a temporary fix.

A temporary fix that destroys a nation's ethnos and culture.


~
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Old 08-10-2010, 11:49 AM
 
Location: South Jordan, Utah
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Quote:
Originally Posted by jertheber View Post
I've never been able to see the separation of our government and the corporations it fronts for, US Capitalism is indeed made up of these two entities that compliment each other in ways that aren't always in our best interest. I see the monetary construct in the US as the practical component of US Capitalism, in my view US Capitalism isn't just a theory, it has to connect with our everyday life at some point, and when it does it can be experienced as living in an economy of ruined currency value. I think this aspect of economics is often overlooked, we don't live in the theoretical economy, we live in an economic reality that defines our well being, regardless of what name tag we put on our economic system we know it shoulders the ultimate responsibility for our monetary health.

Socialism, Communism, and Capitalism all have the best interest of the masses as the foundation of their theoretical construct, but in reality we know that none of these systems has ever worked as well as they appear in theory. In each system there is some kind of government central control over the currency, at least that is the ostensible/theoretical picture that is offered, again, a different reality emerges when these systems are observed from the view of their practical application. In the US this monetary control is really in the hands of the banksters that just took us all for a ride, so much for theoretical Capitalism. We'll never be able to separate the economic system from it's negative monetary consequences.
We don't have true capitalism; we have more cronyism or corporatism. Capitalism just means that the allocation of capital is done by private hands as opposed to government or a king.

In our system the government grants protections to corporations and their owners at no real cost to the corporation. If we wanted a truly fair capitalist system we would no longer have the government play favorites with corporations through regulations and corporate welfare. We could then require them to pay for their limited liability status and be fully responsible for their actions. We could also reform corporate charters back to their original intent and make sure the risk they take can be fully paid for. (no more too big to fail)
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Old 08-10-2010, 11:53 AM
 
Location: South Jordan, Utah
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Quote:
Originally Posted by king's highway View Post
Massive third world immigration is only a temporary fix.

A temporary fix that destroys a nation's ethnos and culture.


~
You mean our ethnos and culture that was created by immigrants?
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Old 08-10-2010, 12:59 PM
 
Location: Sinking in the Great Salt Lake
13,145 posts, read 20,494,759 times
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Quote:
Originally Posted by hilgi View Post
I am with Kings, deflation is the future. It is all about demographics. You can’t make older people spend like they did when they had kids.
I was on the inflation side of the debate but I'm now thinking deflation is the "wave the near future" too. I think I previously underestimated the power of the dollar to absorb abuse and the NIA does too. Also, unemployment is high, spending is WAY down (except for the GOV that is) and the money is currently rapidly evaporating from the majority and pooling up in rich places, which keeps the effects of inflation down.

Of course, if the calculations turn out to be wrong, we will be in a world of hurt, but honestly we are in a world of hurt anyway.
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Old 08-10-2010, 01:45 PM
 
Location: South Jordan, Utah
7,100 posts, read 7,845,209 times
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Quote:
Originally Posted by Chango View Post
I was on the inflation side of the debate but I'm now thinking deflation is the "wave the near future" too. I think I previously underestimated the power of the dollar to absorb abuse and the NIA does too. Also, unemployment is high, spending is WAY down (except for the GOV that is) and the money is currently rapidly evaporating from the majority and pooling up in rich places, which keeps the effects of inflation down.

Of course, if the calculations turn out to be wrong, we will be in a world of hurt, but honestly we are in a world of hurt anyway.
Here is a commentary I wrote last year re: Inflation and deflation.
//www.city-data.com/forum/15103580-post2.html
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Old 08-10-2010, 02:36 PM
 
Location: Sputnik Planitia
7,005 posts, read 9,782,387 times
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This economist thinks we will have high inflation, not deflation:

US Not Going Down Japan's Road | Pacific Capital Associates -- Independent Investing and Financial Planning -- San Diego

I think he makes a good point that the majority of the US population is debt burdened and inflation is more favorable than deflation. The government will do everything in it's power to create inflation, even if it means the currency is decimated.

Although the answer is not that simple of course, if our currency falls dramatically our imports will become more expensive. Also, if the currency falls demand for US bonds will plummet so how will the government finance it's bureaucracy? Unless interest rates are increased but that negates the inflation of debt because now it costs a lot more to service the debt.... hmm

I think inflation or deflation, both scenarios we're screwed!
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Old 08-10-2010, 02:40 PM
 
Location: South Jordan, Utah
7,100 posts, read 7,845,209 times
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Quote:
Originally Posted by k374 View Post
This economist thinks we will have high inflation, not deflation:

US Not Going Down Japan's Road | Pacific Capital Associates -- Independent Investing and Financial Planning -- San Diego

I think he makes a good point that the majority of the US population is debt burdened and inflation is more favorable than deflation. The government will do everything in it's power to create inflation, even if it means the currency is decimated.

Although the answer is not that simple of course, if our currency falls dramatically our imports will become more expensive. Also, if the currency falls demand for US bonds will plummet so how will the government finance it's bureaucracy? Unless interest rates are increased but that negates the inflation of debt because now it costs a lot more to service the debt.... hmm

I think inflation or deflation, both scenarios we're screwed!
The government can try all they want but they can't create as fast as our assets can be destroyed, they can try but it won't work.

Inflation helps the little guy by making his debt cheaper but that also would make banks assets (your debt) worth less to them. Who do you think the government will help?
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Old 08-10-2010, 04:40 PM
 
Location: Tower of Heaven
4,023 posts, read 6,744,254 times
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Ahahaha certainly not, it's so ridiculous LOL
The US economic future is bright, I can see it
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Old 08-10-2010, 05:06 PM
 
Location: Texas
1,769 posts, read 2,140,585 times
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Quote:
Originally Posted by hilgi View Post

You mean our ethnos and culture that was created by immigrants?
I refer to the ethnos and culture that founded the nation.

Before the 1960s, US immigration policy favored immigrants
from the same gene pool that founded America [Europe.]

After the 1960s, US immigration policy favored third world nations.

As I said in my first post here... first world nations were the
first to experience lower birthrates, so they began massive
third world immigration. That is why today Mohammad is one
of the most popular baby names in England.



~
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