Beco
I'm Not Your Guru
- Joined
- Sep 12, 2002
- Posts
- 57,795
You really know nothing about how business works, do you?
http://content.ll-0.com/vitalchoiceseafood/vitalchoiceseafood_e_a
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
You really know nothing about how business works, do you?
How about not passing the health care bill... how about less spending. less tax hikes on investors, businesses, and individuals. Health care was our fastest job creators, we took a major step backwards.
Outcome and results, thats what Obama will be judged on. By the way, businesses create jobs, not goverment
if you say this 5 more times....i'm sure you will belive it even more! I bet on your made up biz card, it says CEO
Lol that would be sweet!
At least I didn’t say if you click your heels together five times that you will be CEO of your imaginary Dell, Jr company
Does it burn you that I'm not on welfare? Why so bitter?
What do you do for a living? Mooch off welfare?
I’m not the one trying to convince myself….there is no shame in welfare unless you are milking the system. Are you?
I handle benefits for a living. Would be funny if I was on welfare.
Seriously, what do you do for a living?
I already crowned you queen for the night….![]()
You're unemplyed, aren't you?
I own a computer repair company, and on my business card under my name it says CEO![]()
but even though I have a profitable business, and I'm looking to hire a new person, I'm a full time HR person
"Even though"?
I can tell you've never worked in the private sector.
Sorry running out of steam, I’m not like you in that I can sleep in till noon. Just saying...but its been fun.
You're unemplyed, aren't you?
Central banks, by artificially expanding the supply of loanable funds in order to generate a temporary boom, drive down the market interest rate and distort these signals. At a lower interest rate, producers are inclined to borrow money and invest it in capital goods, on the assumption that consumers are saving to purchase more goods and services in the future. In fact, consumers are not saving; they are continuing to consume goods in the present.
Those artificially low interest rates eventually must rise, usually when the government raises the interest rate to combat the inflation it created by lowering it. As a result, the cost of the labor and capital needed to produce capital goods rises beyond what producers expected, so they begin to lay off workers and abandon capital investments. The end result is that producers have used up resources in order to produce future goods for which there is not a sustainable demand. This is what Hayek calls “malinvestment,” and it is the fundamental cause of the boom-bust cycle.
The longer the boom is maintained, the worse the bust will be. Mises likened the process to a builder who designs a house thinking he has more bricks than he does. The longer he continues to build, the harder it will be for him to redesign the building once he discovers how many bricks he actually has.