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re: Hugh Freeze Quote Ayn Rand????
Posted on 2/4/13 at 1:16 pm to oklahogjr
Posted on 2/4/13 at 1:16 pm to oklahogjr
quote:
Think of it this way, what if instead of them all disappearing to shangri-la of capitalism they start hording their money (which they are already doing to some extent) and stop putting it all back into circulation. It causes real problems because it restricts new entrants into business from getting funds.
I'm not so sure that a coterie of individuals would be able to affect the economy of the US by withholding $$$ from circulation. Perhaps you meant that the corporations they run might?
Well if so, that's why we have fiscal and monetary policy. The Fed can slash the federal funds rate to promote spending, for instance. Also, these massive corporations aren't run by individuals, and even if they are they're typically accountable to shareholders and boards.
Posted on 2/4/13 at 1:18 pm to CHSgc
Shouldn't this thread now belong on Poli-Board? ![](https://images.tigerdroppings.com/Images/Icons/Iconconfused.gif)
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