Keynesians are not economists, and real economists predicted economic collapse DECADES in advance, at the moment when Nixon took US (and thus the world) off the gold standard.
Keynesians have no predicting power at all, their 'predictions' are akin to their 'solutions' - start wars, even if with aliens. [youtube.com]
Japanese economy stagnated awfully, with their productivity prices should have been falling hard and instead they either had stagnating prices or even some rising prices.
Japan's population problem is not worse than of others, Japan needs strong money to buy commodities, which they lack naturally, and if Japanese companies feel they must sell more in nominal terms, they shouldn't be attacking the currency and devaluing it, they should be dropping prices.
You probably are completely ignorant on the fact, that for companies to sell more in devalued dollars is worse than to sell more with reduced prices while money is appreciating - the earnings would buy more and competing would be easier.
- Oh, just got to that part.
Goodbye.
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