• The curse of low interest rates
    43 replies, posted
[QUOTE=BaconDioxide;21064900]you're overloading the part of my brain that deals with stupid shit[/QUOTE] Then that problem really does not belong to me.
What.
[QUOTE=evilking1;21064936]What.[/QUOTE] they're hilarious, can't you see
It's like a nightmare made of Babelfish translations. :gonk:
[QUOTE=Vaught;21064982]It's like a nightmare made of Babelfish translations. :gonk:[/QUOTE] Why don't you start worrying about do.
[QUOTE=Vaught;21064982]It's like a nightmare made of Babelfish translations. :gonk:[/QUOTE] The logical explanation is that they're dinosaurs and dinosaurs never actually learned to read or write.
Why do I get the feeling that this is one guy spamming random crap with half a dozen sock puppets?
[QUOTE=DamagePoint;21064221]Well, that's a really [i]low[/i] thing to do. Why don't they care about old people?[/QUOTE] Isn't it obvious?
Ahhhh, who gives a fuck about old people. When I'm old I won't be bitter if the world decides to turn its back on me. I'll have bigger problems. Like being old. Fuck that shit.
[QUOTE=evilking1;21064407]This just in from the global economics : If somebody gains something, somebody else loses equally. [/QUOTE] Nobody just looses in deals unless they have it taken for them. Nobody trades unless they all benefit. They can be dumb or in a bad position and get less than it's worth but they always get something.
This may reduce the amount people save, but it will have some good effects on the economy. When savings go down, consumption goes up. Basically, people will be spending more because there's less reason to keep money in banks. Consumption going up boosts GDP. It also means that people are buying more stuff, which helps out firms. The increase in demand for products, coupled with the low interest rates means that firms can borrow money to expand operations. Overall, this could be a very good thing, a step in the right direction.
[QUOTE=Bassplaya7;21088231]This may reduce the amount people save, but it will have some good effects on the economy. When savings go down, consumption goes up. Basically, people will be spending more because there's less reason to keep money in banks. Consumption going up boosts GDP. It also means that people are buying more stuff, which helps out firms. The increase in demand for products, coupled with the low interest rates means that firms can borrow money to expand operations. Overall, this could be a very good thing, a step in the right direction.[/QUOTE] Are you sitting comfortably? At first glance savings may seem unenchanting, however its study is a necessity for any one wishing to intellectually advance beyond their childhood.
This won't have a massive impact; in fact it's probably about as likely to draw more money out of their economy than whats being put in.
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