Comments on: Wonder Bread, Twinkies, & The Economy

By: Aharon Smith

Aharon Smith — Fri, 25 Dec 2009 12:32:37 +0000

I think they really do not know this principle. Keynes economics focuses on the spending of money that makes the economy go around, and the philosophy is that when there is a bust, the government has to spend money to make things working again. This article helps see through that lie, for while throwing money around may get the system going again, it creates interest or debt because we have to either borrow money from somewhere or print more of it. This is so damaging to our economy and is the reason why the dollar has lost 96% of its value within the past 100 years. I would rather save up some food and money and ride through the market corrections rather than give my kids a bankrupt nation. So important that we make these decisions and vote in leaders who follow these economic principles for I guarantee the US will not be able to go much further with its current fiscal policy.

By: Dan Owens

Dan Owens — Wed, 23 Dec 2009 08:52:07 +0000

This article brings a question to my mind. Do our representatives not know this basic economic principle or do they know it and are just in it for the “pork”?

By: aharon smith

aharon smith — Tue, 22 Dec 2009 20:10:23 +0000

Government regulation in the economy should be based on protecting individual rights. I’m all for child labor laws and laws that require marketing honesty but stay out of interest rtes and money supply. It is better for us to ride through economic corrections rather than try to mess with them.