[ExI] Two Japanese reactors on red alert

BillK pharos at gmail.com
Sat Mar 12 17:12:45 UTC 2011


On Sat, Mar 12, 2011 at 4:08 PM, Adrian Tymes  wrote:
> The point is to kick loose money that people had been hoarding.  They
> might not have invested it otherwise, but they will invest in rebuilding.
>
> It's the (small) total amount of money moving around the system, and
> its (small) velocity, that has been the economic problem.  Money doesn't
> do any good if no one's spending it.
>

Possibly not quite correct?

Surely it is the concentration of wealth that is the problem?

You can't spend money if you haven't got any.
And once the bankers have several mansions, a private jet and a few
Lamborghinis, Ferraris, etc. then what will they spend much money on?

BillK




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