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By Dean Striker, on April 25th, 2009 Nobody wants to mention tax rises just ahead of the elections,” said Thorolfur Matthiasson, an economics professor at the University of Iceland. “But if the budget deficit is 10 percent of GDP and the official debt is approximately what the nation can produce in one year, then the politicians will have to raise tax and [...] April 25th, 2009 | Tags: bailout, banking system, budget deficit, candidate, caretaker government, cause, collapse, CRA, crisis, Cure, Currency, deficit, Digg, economic, Economics, economy, election, Financial, global collapse, global credit crunch, global financial crisis, government, governments, IMF, independence party, INEVITABLE, inflation, law, Left, majority, minority coalition, Monetary, moral, morality, morality101, morality101.net, national debt, News, Note, parliamentary election, Party, political, politicians, problem, progressive, public protests, public spending, rate, regulation, Social, strike, Striker, Striker101, tax, trigger, USA, war | Category: Economy, SocialSites | Leave a comment By Striker, on November 8th, 2008 But when central banks, through their manipulation of the money supply, artificially lower the interest rate, then the signals get distorted; investors are led to act as though consumers have a lower time-preference than they actually do. Thus investors are led to invest in longer-term projects that are unsustainable, read more | digg story [...] November 8th, 2008 | Tags: cause, Cure, Financial, interest, manipulation, money, rate, regulation | Category: SocialSites | Leave a comment |
Register | Login Welcome!New users please see WP-FAQS! Morality is not the exclusive province of religion. Real Morality is Principle based on your Right to Life. Since "Government" exists only as a tool to tax and steal from it's citizens and to then regulate, control, manipulate and redistribute, it is without principle. Articles here will discuss history, news, rational economics and philosophy. Enjoy and contribute! Categories
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