Archive: 14 posts

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Okay, so countries around the world are not doing good, economy-wise. Everyone is moaning about having no money, etc. I have an idea to solve these problems. It sounds childish and unthought out at first, but when you think about it, it's difficult to find a flaw. Freeze the price of absolutel everything. EVERYTHING. Products, goods, services, raw materials, wages, everything. Insert more money into the systems- either multiply everyone's savings by 1.5 (or some other number) or give everyone ?30000 more moneys. Keep the prices of everything the same. So what's the flaw with this idea? Why wouldn't it work? Normally, when more money is put into the system, it results in the money having less 'worth' as there is more of it, so the prices of things go up. Therefore the problem has not been solved. But if you freeze the prices of everything, then the money will still have the same 'buying power.'

2013-05-19 08:05:00 Author: bluesteel789 Posts: 159

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You cant keep everything the same price because 1 value changes 2 countries such as the U.S print money that they don't have 3 The list goes on Here's a better way to help everyone get back on track. We need to get rid of loans credit cards and interest These things are whats putting people out in the street

2013-05-19 08:17:00 Author: XxHAMADEHxX Posts: 113

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You cant keep everything the same price because 1 value changes 2 countries such as the U.S print money that they don't have 3 The list goes on Okay, so you're right, the value of things do change. If the supply of x goes down, then its value goes up. Then how about... The prices of everything don't change due to inflation, but they will change due to supply and demand.

2013-05-19 08:26:00 Author: bluesteel789 Posts: 159

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You should take an economics class.

2013-05-19 08:48:00 Author: SLS10 Posts: 1129

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From a basic standpoint, an economist will generally hold that price regulation is less efficient than market forces. Any price control can lead to inefficient amounts either because demand will increase supply, or vice-versa. For instance, if you hold the price below what a manufacturer wants to sell it for, they will make less because it would not be as profitable, leading to a shortage. Some firms might completely go out of business becuase the price is below what they need to even break even. Getting rid of loans and credit would not work either. Without, say, a mortgage, many people could not own a house. Interest on loans are necessary as well for people to be willing to loan out their money in the first place. The problem isn't that these things exist, it's how people use them.

2013-05-19 20:39:00 Author: xxMATEOSxx Posts: 1787

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Kill everyone. Then there wouldn't be an economy. :kz: Seriously, though, this thread should be fun

2013-05-19 20:40:00 Author: RockSauron Posts: 10882

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Kill everyone. Then there wouldn't be an economy. :kz: Seriously, though, this thread should be fun You're not getting away with this with your peanut army. Anyway, to save the economy, we should either end communism and socialism, or we need to learn how to grow money trees.

2013-05-19 22:08:00 Author: Apple2012 Posts: 1408

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or we need to learn how to grow money trees. Tried that, it only grew that old money which hasn't any value anymore. Y U NO GROW EURO'S MONEY TREE!? .-.

2013-05-19 22:10:00 Author: nysudyrgh Posts: 5482

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But if we grew trees that sprouted money, than the fact that money is an abstract concept derived from society's perception of scarcity would mean that the overabundance of this fairly useless material would make it even more useless, i.e. in its worth as currency. Therefore, the entire system would collapse as we have to move away from the basis of our entire society and all current worth is rendered useless as we are forced to readjust to a new and unforeseen economy!

2013-05-19 22:15:00 Author: RockSauron Posts: 10882

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Getting rid of credit and loans would help. Through the United States history we have been in a constant recession simply because our economy is based off of interest. Loans and interest are unnecessary burdens to keep people trapped in a loop of payments. My father himself told me that he couldn't do alot of things for a long time just because he got a student loan. People these days cant even pay off and may never pay of bills because interest makes payments skyrocket. Btw you can buy house with no interest in the payments.

2013-05-20 08:18:00 Author: XxHAMADEHxX Posts: 113

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But if we grew trees that sprouted money, than the fact that money is an abstract concept derived from society's perception of scarcity would mean that the overabundance of this fairly useless material would make it even more useless, Exactly, it's called Hyper-Inflation. The Germans tried to print more money as a way of stabilizing their economy after WW2 but instead of helping, it meant that as the they pumped more cash into the system, prices doubled with it and so the value of money became more and more insignificant. So money trees wouldn't help much at all like Mr Rock here has said.

2013-05-20 14:52:00 Author: craigmond Posts: 2426

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What if we just like, you know, well, like, moneyed ourselves?

2013-05-21 00:10:00 Author: Kalawishis Posts: 928

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I do believe that the economic system needs to be paused, so the specialists can perform a proper debbuging and then run it again.

2013-05-22 04:06:00 Author: gdn001 Posts: 5891

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What if we just like, you know, well, like, moneyed ourselves? Not sure if this is alluding to prostitution or not...

2013-05-22 21:05:00 Author: flamingemu Posts: 1872

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