Quote:
Originally Posted by gimpy117
start paying people more and we will spend more. Were supposed to drive the economy but we have no money to do it with!
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So when more people have more money and there's a greater strain on resources, what happens?
Oh yeah, inflation. Prices go up. Now the "more money" that people have as less buying power, and that's what ultimately matters.
So the rich stays rich and the poor stays poor.
Dude, do you really think that if you gave everyone enough money to buy sports cars there would be enough of them to go around? Of course not. So what happens? The prices rise.
$1,000,000 doesn't mean a thing if milk costs $200,000.