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2009-01-13 Home Front Economy

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Posted by tipper 2009-01-13 02:29|| || Front Page|| [1 views ] Top

#1 Nope, we're all tax serfs again. The first and second estates are taken care of at the expense of and on the back of the third estate.

Posted by Procopius2k 2009-01-13 08:46|| 2009-01-13 08:46|| Front Page Top

#2 Even the "Keynesian s" aren't real Keynesians, Keynes wanted government to build up a reserve during "good times" to spend in recessions and there's no reserves built up.

Keynes ideas of government being a good saver are out of date. Better for banks to be told to increase reserves during "good times" (increases in M4) and to lower them into recessions.

Posted by Bright Pebbles 2009-01-13 19:17|| 2009-01-13 19:17|| Front Page Top

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