http://www.adammulholland.com/2008/12/21/possible-obama-850b-stimilusim-in/ A Place That Contains Anything I want Sun, 21 Mar 2010 09:27:15 +0000 http://wordpress.org/?v=2.7 hourly 1 http://www.adammulholland.com/2008/12/21/possible-obama-850b-stimilusim-in/comment-page-1/#comment-55 Adam Mon, 26 Jan 2009 04:09:25 +0000 http://www.adammulholland.com/?p=65#comment-55 Great reply and no it was more of a ridiculous point. I agree completely with you but I was going for the actual number and how big it really is. It goes to show the only answer is to spend, and spend but I fear it is not being done correctly. I hope I am dead wrong for the sake of the situation. Great reply and no it was more of a ridiculous point. I agree completely with you but I was going for the actual number and how big it really is. It goes to show the only answer is to spend, and spend but I fear it is not being done correctly. I hope I am dead wrong for the sake of the situation.

]]> http://www.adammulholland.com/2008/12/21/possible-obama-850b-stimilusim-in/comment-page-1/#comment-54 K2DaZ3 Thu, 22 Jan 2009 05:35:20 +0000 http://www.adammulholland.com/?p=65#comment-54 Sorry for the monster sized comment but I think that was the only was to give an appropriate answer Sorry for the monster sized comment but I think that was the only was to give an appropriate answer

]]> http://www.adammulholland.com/2008/12/21/possible-obama-850b-stimilusim-in/comment-page-1/#comment-53 K2DaZ3 Thu, 22 Jan 2009 05:32:37 +0000 http://www.adammulholland.com/?p=65#comment-53 I don't know if you were actually serious but I'll reply anyway... The answer is very simple why the US would never give millions away to its citizens...Hyperinflation. Although the current value of the dollar is pretty low compared to the Euro, imagine how worthless it would be if every American had 5 million dollars. If you remember, pre/during WWII, Germany's economy became so bad because of tactics such as this, that eventually the value of marks was 4,200,000,000,000 marks to a US dollar. Imagine trying to buy coke from a vending machine and having to put in 4 trillion marks. This demonstrates the concept of supply and demand perfectly. If everyone had more money, than everyone would charge more for the same goods(inflation). Essentially making you no richer than you started. The previous stimulus did the same thing because the money that you are receiving is money that the US government doesn't actually have, its a loan, which increases our annual trillion dollar deficit while devaluing the dollar. The stimulus isn't to make the American people "richer" its to "stimulate" confidence in our market and hopefully get people to spend it(repaying the money the Gov just gave you) and spend a bit more(to help boost the economy) I don’t know if you were actually serious but I’ll reply anyway…
The answer is very simple why the US would never give millions away to its citizens…Hyperinflation. Although the current value of the dollar is pretty low compared to the Euro, imagine how worthless it would be if every American had 5 million dollars. If you remember, pre/during WWII, Germany’s economy became so bad because of tactics such as this, that eventually the value of marks was 4,200,000,000,000 marks to a US dollar. Imagine trying to buy coke from a vending machine and having to put in 4 trillion marks. This demonstrates the concept of supply and demand perfectly. If everyone had more money, than everyone would charge more for the same goods(inflation). Essentially making you no richer than you started. The previous stimulus did the same thing because the money that you are receiving is money that the US government doesn’t actually have, its a loan, which increases our annual trillion dollar deficit while devaluing the dollar. The stimulus isn’t to make the American people “richer” its to “stimulate” confidence in our market and hopefully get people to spend it(repaying the money the Gov just gave you) and spend a bit more(to help boost the economy)

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