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View Diary: Is Krugman's Liquidity Trap really an Inequality Trap? (17 comments)

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  •  I forgot to say one thing. I don't need (2+ / 0-)
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    Kevskos, psyched

    to borrow from banks or anyone else for that matter. I have been lucky and I am able to supply the cash that my store needs to keep going. In addition the businesses on the square are small because the buildings are small. So, if all I needed to do was add more merchandise I couldn't. I have the capital, but not the space. So the success of my store depends solely on demand, and demand is way down.

    Might and Right are always fighting, in our youth it seems exciting. Right is always nearly winning, Might can hardly keep from grinning. -- Clarence Day

    by hestal on Thu Jan 17, 2013 at 11:54:36 AM PST

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    •  So where is all the money? (0+ / 0-)

      Answer: sacked away in the Cayman or British Virgin  Islands, looking for an "opportunity" to further cheat the taxpayer and to seek rents elsewhere.  It really is that simple.  Per Hernán Cortés, "they suffer from a disease of the heart which is only cured by gold".  What the fuck do the Pete Petersons or the Koch and Barclay brothers of this world need or could usefully do with any further money?  Money is a social construct.  It (or a fraction of it) should be taken from them and put to social use.  In my view.

      Tony.

      quis custodiet ipsos custodes -- Juvenal VI, 347-8

      by golem on Thu Jan 17, 2013 at 04:26:22 PM PST

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