Anyone else feel like a revolution is on the way?

[NewMuscle83]

the problem with giving people money to spend, is it will entice everyone to go out and buy buy buy, which would in turn stimulate inflation, and raising price of goods and services beyond their reasonable worth. Once all the money is spent up, we're right back in recession. Basically the same cycle we're going through now that took 5 years so far, we'd go through in a much shorter period.

[xlxBigSexyxlx]

We need to save

[Panzerfaust80]

the problem with giving people money to spend, is it will entice everyone to go out and buy buy buy, which would in turn stimulate inflation, and raising price of goods and services beyond their reasonable worth. Once all the money is spent up, we're right back in recession. Basically the same cycle we're going through now that took 5 years so far, we'd go through in a much shorter period.

..and you don't think a near-trillion dollar "ridiculous" package won't affect inflation? Government spending is out of control. A free market economy can't function correctly with government constantly printing worthless money to bail out big business. LET THEM ALL FAIL. Survival of the fittest, right?

congress = = We the People

Rise up, people!! The revolution has begun!!!!

[NewMuscle83]

..and you don't think a near-trillion dollar "ridiculous" package won't affect inflation?

When did I say that? I only responded to the $50,000 per citizen proposal..which, by the way, would cost over $16.5 trillion. Considering our treasury has $1.378 trillion and we're already $10.7 trillion in debt..I'd say it's gonna be tough. In either case, any significant amount of money given to the public would surely result in inflation.

As for the aid funds the government is handing out, I'm 100% against it. That money is not nationalizing the industries, nor it is a allowing the worker to own a share of the production, or even a fair share of the profits...even though it's the workers tax money that pays for the funds. This money is simply going to already rich execs to take vacations and pay bonuses.

That being said, no, I don't think the aid money for the companies would cause inflation.

[Panzerfaust80]

When did I say that? I only responded to the $50,000 per citizen proposal..which, by the way, would cost over $16.5 trillion. Considering our treasury has $1.378 trillion and we're already $10.7 trillion in debt..I'd say it's gonna be tough. In either case, any significant amount of money given to the public would surely result in inflation.

As for the aid funds the government is handing out, I'm 100% against it. That money is not nationalizing the industries, nor it is a allowing the worker to own a share of the production, or even a fair share of the profits...even though it's the workers tax money that pays for the funds. This money is simply going to already rich execs to take vacations and pay bonuses.

That being said, no, I don't think the aid money for the companies would cause inflation.

Sorry if I was unclear in my earlier post, but I was specifically referring to issuing a credit to tax-paying individuals only, not per citizen... and by pumping multi-billion dollar tax-payer funds into large corporations is undoubtedly paving the road towards full nationalization of corporation, because once of government absolves the majority of the corp. eventually the board of directors is rendered powerless and is simply reduced to a puppet-state, being controlled primarily by the govt commission by which the funds were drawn from.

which inevitably leads to a full socialist society. a path we are rapidly heading down now.

[Kratos]

Sorry if I was unclear in my earlier post, but I was specifically referring to issuing a credit to tax-paying individuals only, not per citizen... and by pumping multi-billion dollar tax-payer funds into large corporations is undoubtedly paving the road towards full nationalization of corporation, because once of government absolves the majority of the corp. eventually the board of directors is rendered powerless and is simply reduced to a puppet-state, being controlled primarily by the govt commission by which the funds were drawn from.

which inevitably leads to a full socialist society. a path we are rapidly heading down now.

Good post, Marx warned this would happen under our form of gvmt. He warned the people would demand it. It's all part of the eminant socialst revoloution built into democracy. Clearly we are witnessing proof of his concept.