Money printed since economic crisis...

Discussion in 'Economy' started by ekrem, Jan 10, 2012.

  1. ekrem
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    ekrem VIP Member

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    ... or money used for bail-outs of banks and states would have sufficed to solve the world's major problems. From food to clean water-access for the poor. If you don't like that idea, then take another idea like starting of project to colonize Space.

    What really has changed with the additional money that was put into circulation?
    Not much really, just bought some perceived system stability.
     
  2. ekrem
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    ekrem VIP Member

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    I'm not a Socialist, but they're right by saying that some have become richer.
    At least wealth of the public was used to secure the wealth of the rich. And the bail-out for states were in reality also bail-outs for banks as countries like Greece were indebted to banks who purchased their bonds.

    I'd be very pissed if my children would have to pay for these kind of no-return "investments".
     
  3. EdwardBaiamonte
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    EdwardBaiamonte Gold Member

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    actually we avoided a massive depression by bailing out some of Wall Street and the big banks. That is what the Fed was created for.
     
  4. OohPooPahDoo
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    OohPooPahDoo Gold Member

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    The M2 supply would appear to be growing at a rate consistent with at least the last 50 years

    [​IMG]

    Government attempts to increase the money supply at a faster rate have largely failed.
     

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