Joined: 04 May 2006
Posts: 238
Location: Your mom's house.
| Posted: Sat May 10, 2008 3:28 am Post subject: Solutions | |
|
I see a lot of posts on here related to corporate greed and costs that inevitably make their way to the consumer. I'd say 50% is statistical analysis and 50% is a bunch of complaining. What I have not seen are solutions.
Here is a thread where anyone and everyone can offer some solutions to the things they consider problems. It doesn't really matter what it is (My topics don't adhere to strict standards). You can even feel free to post the solutions of other people if it suits you. |
|
Joined: 04 Jul 2003
Posts: 1965
| Posted: Sat May 10, 2008 5:00 am Post subject: | |
Since you offered, why don't you go first. You seem to have some solutions, let's hear them. 
|
|
Joined: 04 May 2006
Posts: 238
Location: Your mom's house.
| Posted: Sat May 10, 2008 5:16 am Post subject: | |||||
Fair enough. If you want an example someone could say:
The solutions don't have to have any practical real world application or take into account independent variables (though doing so is encouraged). If anyone wants to discuss them and go off on a tangent (some would call this thread hijacking) go ahead. I won't be calling in the troops to shut down the thread just because it follows it's natural progression. Right now my problem is a lame friday night. My solution is to go into town with some friends and decrease my life expectancy so that I'll have less of these in the future. Have a good night everybody. |
|||||
Joined: 04 Jul 2003
Posts: 1965
| Posted: Sat May 10, 2008 5:30 am Post subject: | |
| The gold standard. Well, that's interesting. All I know is that FDR abolished the gold standard back in 1933 by signing an Executive Order to that effect. I may get back to you on this. | |
Joined: 04 Jul 2003
Posts: 1965
| Posted: Sat May 10, 2008 5:42 am Post subject: | |
|
http://economics.about.com/cs/money/a/gold_standard.htm
Okay, now I know why you mentioned this. The economy would be more stable. |
|
Joined: 06 Jul 2003
Posts: 7085
Location: Central CA
| Posted: Sat May 10, 2008 2:18 pm Post subject: | |
|
This has been brought up here before but here it is again:
Eliminate the Federal Reserve bank and turn the job of creating money back to the federal government. http://www.michaeljournal.org/fedreserve.htm I simply do NOT believe that control of an entire country's economy should rest with a private corporation and if the recent machinations and manipulations of the housing and credit markets are not adequate explanation for this opinion, then I simply don't know what to tell you. BTW: I do not endorse the philosophy and/or politics of the person who authored the post linked above or even know what they are, but believe the facts and figures presented therein to be a reasonable illustration of the situation itself, at least as I see it. |
|
Joined: 09 Feb 2008
Posts: 1292
Location: Brand Central
| Posted: Sun May 11, 2008 3:30 am Post subject: | |
|
along the lines of the original post: i always wonder why the attacks on the "evil corporations"
and i think: who works for those corporations? who owns those corporations? when you look at the numbers - its us! through 401Ks and IRAs and other investment vehicles, the broad middle class owns a huge % of corporate America AND those are the people who work for the corporations as well yes, the income disparity between a janitor and a CEO is large - and perhaps too large... but corporations are not inherently evil. corporations are made of people... and have the same frailties and ability to goof up, or do great things - as the people who work for them and run them my .02 |
|
Joined: 04 May 2006
Posts: 238
Location: Your mom's house.
| Posted: Wed May 14, 2008 6:28 am Post subject: | |||
Well I don't know if stable is the right word to use. One of the reasons for creating a centralized banking system was instability of the old system. The problem with the old system was the money supply and a lack of standard interest rates to loan between banks. The money supply was limited by gold reserves. In order to print more money it had to be backed by gold. The problem arises when a bank loans out money and then demands repayments with interest without the ability to put more money into circulation due to the fact that it must be backed by gold. Then there is the problem when the public loses faith in their bank and attempts to draw out their money. Since the supply cannot keep up with the demand for new dollars, people start pulling their money out of the bank. This depletes the banks reserves to the point where they must borrow from eachother. If the banks are not centralized and do not share a common interest they loan eachother money at high costs. Once enough gold reserves have been pulled out of the banking system for fears of diminished supply, soon all the money that is left is worth essentially only the raw material that it is made from. Going away from the gold standard was done in order to create tools for stabalizing the economy. One of the negative effects is high inflation. The most important thing to recognize though is that a gold standard limits economic growth to gold production. If no new gold is found there can be no economic growth. This principle can be applied to closed domestic economies and to globally competing economies as a whole. |
|||