What if there are Robin Hood hackers, who hack into banks and pay your bills, with money that's nonexistent. Turning the cost of a purchase from 100 dollars to 1 dollar.
The question is, can that be good for the economy or bad?
Another question how long would this be going on till it's discovered?
Tuesday, October 14, 2014
Steve's barking; There are too many people on the dole in the US.
One of the the main problems with the US is that there are too many people on the dole.
These people constantly have there hands out, and refused too do anything for their money.
These people proudly call themselves Tea Party caucus congress people.
These people constantly have there hands out, and refused too do anything for their money.
These people proudly call themselves Tea Party caucus congress people.
Thursday, October 9, 2014
Steve's barking; Dollar rises, exports go down (maybe)
Conventional wisdom, which isn't always so wise tells us that be that exports will go down because the price of goods from the U.S. rise against foreign currencies.
That's true, but the cost of producing goods in the U.S should go down, especially goods that are not labor intense. The cost of energy in the U.S. should go down, along with such commodes as iron ore, aluminum, rare earth materials ext. It's not so cut and dry as we who have rings at the end of our noses are told to believe that we would lose out on exports, especially if the producers of the goods cut the price of their goods to reflect the savings of the lower prices of natural resources.
If unemployment goes up in foreign countries then one can expect exports to go down, but that's another story.
That's true, but the cost of producing goods in the U.S should go down, especially goods that are not labor intense. The cost of energy in the U.S. should go down, along with such commodes as iron ore, aluminum, rare earth materials ext. It's not so cut and dry as we who have rings at the end of our noses are told to believe that we would lose out on exports, especially if the producers of the goods cut the price of their goods to reflect the savings of the lower prices of natural resources.
If unemployment goes up in foreign countries then one can expect exports to go down, but that's another story.
Wednesday, October 1, 2014
Steve's barking; Could this be the end of plastic bags
California just banned plastic bags being given away to carry ones groceries away. Plastic bags are bad for the planet. Birds eat them and chock to death. There in the ocean fish die because of them.
New York City isn't going that far, just trying to put a ten cent tax on them. In effect banning them from the poor.
What can one do to carry their groceries home? Of cause carry them in reusable cloth bags. When carrying your groceries home you had better clean them good,or one might end up salmonella or some other bacteria.
I may be wrong but what most people do with those plastic bags is to use them for something else, like throwing out the garbage. How will one throw out their garbage? Do what the middle income and rich people do, buy plastic bags.
Do I have a solution for our plastic bag problem, of cause not, I understand that those bags can last as long as the planet, but I also understand solutions have negative consequences.
New York City isn't going that far, just trying to put a ten cent tax on them. In effect banning them from the poor.
What can one do to carry their groceries home? Of cause carry them in reusable cloth bags. When carrying your groceries home you had better clean them good,or one might end up salmonella or some other bacteria.
I may be wrong but what most people do with those plastic bags is to use them for something else, like throwing out the garbage. How will one throw out their garbage? Do what the middle income and rich people do, buy plastic bags.
Do I have a solution for our plastic bag problem, of cause not, I understand that those bags can last as long as the planet, but I also understand solutions have negative consequences.
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