SOS Common Sense

1. Can printing money resolve the recession?


2. Can printing money and use the money to buy toxic assets creates economic values?


3. Doesn't it has any consequences?


4. If it is that simple, why did Japan, who did print a lot of money (public debt increased drastically over the lost decade) their share market is still the same as the 1980s?


5. If Japan, having such a huge surplus and net export, cannot get out of the recession, what makes us think USA or Europe, who is doing the same, can get out of recession over the next few years?


6. Have we not forgotten, it was easy credit, overgearing and consumption that cause this crisis, and why are we doing the same thing to resolve it, printing more money?


7. Is Argentina out of the woods? They printed lots of money during their crisis, and there was one year, the inflation rate is more than 10,000%, what can we said about that?


8. US problem involved over gearing of the Government, the Corporate and the Household owners and also something called Derivatives (elites bankers casino business) can be resolve by just printing money?


9. Someone has to pay for the consequences for printing of money isn't it? The Americans, of course, what they are doing now is privatising profits (elites bankers) and socialising losses (from the average Americans). Over time, the American dollar will depreciate, only then, a recovery will be in sight, together with high inflation.


10. We need to look at the situation using common sense (throw away the economic books), any action that does not bring economic value, in the long run, the standard of living will deteriorate.