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Good thing the stimulus passed
Message
From
16/06/2009 09:48:26
 
 
To
16/06/2009 09:39:21
John Ryan
Captain-Cooker Appreciation Society
Taumata Whakatangi ..., New Zealand
General information
Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01405895
Message ID:
01406338
Views:
45
>it means liability on spot; this liability got to be covered before one may talk about any profits.
>
>If the principal has been repaid, doesn't that take care of the liability?
>
>If the principal is repaid with interest and dividends, doesn't that take care of the liability and leave some extra?
>
>Isn't the extra called a profit?

Nope! You got to look for liability created by initial act. Even if government could burn the money (fat chance) , it is already ignited inflation that will just make money worth less. In other words, when government prints more paper bills, it does not increase total value of the bills; it makes every bill less valuable. Sorry, it is one of the basic things of world economics. You refuse to understand it so it makes further talk entirely senseless.
Edward Pikman
Independent Consultant
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