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increased gubmint participation???

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  • vagabonddreamer
    Senior Member
    • Jan 2008
    • 172
    #1

    increased gubmint participation???

    the last paragraph kinda substantiates what pil and fransisco and a few others have been saying...so how far can the govt go in this before they are at the point of no return..(lol..literally and figuratively)

    http://www.calgaryherald.com/business/fp/Corcoran Quantitative schemes Bank Canada/1524008/story.html
    Tags: None
    • pilpilsner
      Member
      • Mar 2009
      • 104
      #2
      Looks like your starting to come around.


      The system absolutly NEEDS inflation.

      The real question is can we inflate fast enough,like blowing up a ballon with a whole in it.

      The credit in the system needs to be serviced.

      As confidence is lost,placement of capital is the great inflation/deflation debate.

      Does capital actually gain value because so much is being gobbled up to service credit?(deflation)

      Or is so much capital being created that goods and services rise in value?(inflation)

      The most brilliant economists in the world are argueing this,so i doubt any of us will come up with anything relevant.

      But the questions that always clear my mind is-will grannies old age security cheque actually alow her to purchase more in the future?
      -will government become smaller?
      -will people vote for someone to give them everthing?

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