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The most dangerous time since the Civil War
#78
(01-19-2018, 03:49 AM)Galen Wrote: You have once again proven yourself to be an economic illiterate.  Selling stock is but one way to raise capital.  There are many privately held corporations that often got their start from the savings of one or more founders.   A sole proprietorship or partnership will often save up profits in order to acquire capital equipment to improve their operations.

Which has nothing to do with the stock market. If you notice, that was the original issue on this thread.

Galen Wrote:Individuals will often save money for future expenditures such as retirement which is much easier to do when you don't have assholes at the Fed debasing the currency and useful idiots like you cheering them on.

'Debasing the currency', as you call it, is the only way to generate consistent economic activity. If currency held its value forever, no one would be motivated to spend a dime unless it was necessary. That's a prescription for stagnation or worse.
Intelligence is not knowledge and knowledge is not wisdom, but they all play well together.
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RE: The most dangerous time since the Civil War - by David Horn - 01-20-2018, 11:05 AM

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