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April 22, 2010 at 3:11 PM #543336April 22, 2010 at 3:12 PM #542378AecetiaParticipant
I am not a trader, more of a holder, but I think anything that restricts trading, acts as a brake and keeps more money out of circulation. I do not think it is either good or bad, just neutral (trading). I think taxing food is stupid and regressive. It’s not like we can stop eating. Smoking yes, eating no. Should we tax unhealthy food? I think we already do and then where do we draw the line? Time for the Libertarians to weigh in on this topic.
April 22, 2010 at 3:12 PM #542494AecetiaParticipantI am not a trader, more of a holder, but I think anything that restricts trading, acts as a brake and keeps more money out of circulation. I do not think it is either good or bad, just neutral (trading). I think taxing food is stupid and regressive. It’s not like we can stop eating. Smoking yes, eating no. Should we tax unhealthy food? I think we already do and then where do we draw the line? Time for the Libertarians to weigh in on this topic.
April 22, 2010 at 3:12 PM #542971AecetiaParticipantI am not a trader, more of a holder, but I think anything that restricts trading, acts as a brake and keeps more money out of circulation. I do not think it is either good or bad, just neutral (trading). I think taxing food is stupid and regressive. It’s not like we can stop eating. Smoking yes, eating no. Should we tax unhealthy food? I think we already do and then where do we draw the line? Time for the Libertarians to weigh in on this topic.
April 22, 2010 at 3:12 PM #543065AecetiaParticipantI am not a trader, more of a holder, but I think anything that restricts trading, acts as a brake and keeps more money out of circulation. I do not think it is either good or bad, just neutral (trading). I think taxing food is stupid and regressive. It’s not like we can stop eating. Smoking yes, eating no. Should we tax unhealthy food? I think we already do and then where do we draw the line? Time for the Libertarians to weigh in on this topic.
April 22, 2010 at 3:12 PM #543341AecetiaParticipantI am not a trader, more of a holder, but I think anything that restricts trading, acts as a brake and keeps more money out of circulation. I do not think it is either good or bad, just neutral (trading). I think taxing food is stupid and regressive. It’s not like we can stop eating. Smoking yes, eating no. Should we tax unhealthy food? I think we already do and then where do we draw the line? Time for the Libertarians to weigh in on this topic.
April 22, 2010 at 3:23 PM #542383SK in CVParticipant[quote=Aecetia]I am not a trader, more of a holder, but I think anything that restricts trading, acts as a brake and keeps more money out of circulation. I do not think it is either good or bad, just neutral (trading). I think taxing food is stupid and regressive. It’s not like we can stop eating. Smoking yes, eating no. Should we tax unhealthy food? I think we already do and then where do we draw the line? Time for the Libertarians to weigh in on this topic.[/quote]
You trade (mostly) with cash. If the cash is in a bank or in a money market account somewhere, it is in circulation. That cash is part of the reserves that the bank has to loan, or the money market account uses to buy (lend) short term paper. If you then use the cash to buy existing shares of stock, the argument can be made that you have taken money OUT of circulation. It can no longer be lent. If you sell one stock and buy another, there is no increase in money supply. Nothing has been created other than a few cents in fees to the brokers. The stock market is a reflection of the economy. It is not the economy.
April 22, 2010 at 3:23 PM #542499SK in CVParticipant[quote=Aecetia]I am not a trader, more of a holder, but I think anything that restricts trading, acts as a brake and keeps more money out of circulation. I do not think it is either good or bad, just neutral (trading). I think taxing food is stupid and regressive. It’s not like we can stop eating. Smoking yes, eating no. Should we tax unhealthy food? I think we already do and then where do we draw the line? Time for the Libertarians to weigh in on this topic.[/quote]
You trade (mostly) with cash. If the cash is in a bank or in a money market account somewhere, it is in circulation. That cash is part of the reserves that the bank has to loan, or the money market account uses to buy (lend) short term paper. If you then use the cash to buy existing shares of stock, the argument can be made that you have taken money OUT of circulation. It can no longer be lent. If you sell one stock and buy another, there is no increase in money supply. Nothing has been created other than a few cents in fees to the brokers. The stock market is a reflection of the economy. It is not the economy.
April 22, 2010 at 3:23 PM #542976SK in CVParticipant[quote=Aecetia]I am not a trader, more of a holder, but I think anything that restricts trading, acts as a brake and keeps more money out of circulation. I do not think it is either good or bad, just neutral (trading). I think taxing food is stupid and regressive. It’s not like we can stop eating. Smoking yes, eating no. Should we tax unhealthy food? I think we already do and then where do we draw the line? Time for the Libertarians to weigh in on this topic.[/quote]
You trade (mostly) with cash. If the cash is in a bank or in a money market account somewhere, it is in circulation. That cash is part of the reserves that the bank has to loan, or the money market account uses to buy (lend) short term paper. If you then use the cash to buy existing shares of stock, the argument can be made that you have taken money OUT of circulation. It can no longer be lent. If you sell one stock and buy another, there is no increase in money supply. Nothing has been created other than a few cents in fees to the brokers. The stock market is a reflection of the economy. It is not the economy.
April 22, 2010 at 3:23 PM #543070SK in CVParticipant[quote=Aecetia]I am not a trader, more of a holder, but I think anything that restricts trading, acts as a brake and keeps more money out of circulation. I do not think it is either good or bad, just neutral (trading). I think taxing food is stupid and regressive. It’s not like we can stop eating. Smoking yes, eating no. Should we tax unhealthy food? I think we already do and then where do we draw the line? Time for the Libertarians to weigh in on this topic.[/quote]
You trade (mostly) with cash. If the cash is in a bank or in a money market account somewhere, it is in circulation. That cash is part of the reserves that the bank has to loan, or the money market account uses to buy (lend) short term paper. If you then use the cash to buy existing shares of stock, the argument can be made that you have taken money OUT of circulation. It can no longer be lent. If you sell one stock and buy another, there is no increase in money supply. Nothing has been created other than a few cents in fees to the brokers. The stock market is a reflection of the economy. It is not the economy.
April 22, 2010 at 3:23 PM #543346SK in CVParticipant[quote=Aecetia]I am not a trader, more of a holder, but I think anything that restricts trading, acts as a brake and keeps more money out of circulation. I do not think it is either good or bad, just neutral (trading). I think taxing food is stupid and regressive. It’s not like we can stop eating. Smoking yes, eating no. Should we tax unhealthy food? I think we already do and then where do we draw the line? Time for the Libertarians to weigh in on this topic.[/quote]
You trade (mostly) with cash. If the cash is in a bank or in a money market account somewhere, it is in circulation. That cash is part of the reserves that the bank has to loan, or the money market account uses to buy (lend) short term paper. If you then use the cash to buy existing shares of stock, the argument can be made that you have taken money OUT of circulation. It can no longer be lent. If you sell one stock and buy another, there is no increase in money supply. Nothing has been created other than a few cents in fees to the brokers. The stock market is a reflection of the economy. It is not the economy.
April 22, 2010 at 3:26 PM #542387surveyorParticipant[quote=afx114]So what is it then that the tea bagger anti-tax brigade are against? The fact that we pay more taxes than Mexico and Turkey? Please enlighten me.[/quote]
The people who are part of the Tea Party understand that more taxes and more spending are not answers in making the U.S. economy better. They also understand that bigger government does not create more jobs and prosperity. They are also very alarmed at the high amount of debt that the U.S. has and they want that fixed yesterday.
For me, I am against higher taxes for the simple reason that it is against common sense to give money to people who have proved unable to spend it properly. I will be the best judge on how to spend my money, not the government, not anyone else.
There is a certain principle of money and economics that if you are forced to spend your own money, you try very hard to spend it wisely. There is no such concern when you are spending other people’s money.
Those ideas are part of the core Tea Party principles.
Bet you never heard that on the MSM.
April 22, 2010 at 3:26 PM #542504surveyorParticipant[quote=afx114]So what is it then that the tea bagger anti-tax brigade are against? The fact that we pay more taxes than Mexico and Turkey? Please enlighten me.[/quote]
The people who are part of the Tea Party understand that more taxes and more spending are not answers in making the U.S. economy better. They also understand that bigger government does not create more jobs and prosperity. They are also very alarmed at the high amount of debt that the U.S. has and they want that fixed yesterday.
For me, I am against higher taxes for the simple reason that it is against common sense to give money to people who have proved unable to spend it properly. I will be the best judge on how to spend my money, not the government, not anyone else.
There is a certain principle of money and economics that if you are forced to spend your own money, you try very hard to spend it wisely. There is no such concern when you are spending other people’s money.
Those ideas are part of the core Tea Party principles.
Bet you never heard that on the MSM.
April 22, 2010 at 3:26 PM #542981surveyorParticipant[quote=afx114]So what is it then that the tea bagger anti-tax brigade are against? The fact that we pay more taxes than Mexico and Turkey? Please enlighten me.[/quote]
The people who are part of the Tea Party understand that more taxes and more spending are not answers in making the U.S. economy better. They also understand that bigger government does not create more jobs and prosperity. They are also very alarmed at the high amount of debt that the U.S. has and they want that fixed yesterday.
For me, I am against higher taxes for the simple reason that it is against common sense to give money to people who have proved unable to spend it properly. I will be the best judge on how to spend my money, not the government, not anyone else.
There is a certain principle of money and economics that if you are forced to spend your own money, you try very hard to spend it wisely. There is no such concern when you are spending other people’s money.
Those ideas are part of the core Tea Party principles.
Bet you never heard that on the MSM.
April 22, 2010 at 3:26 PM #543075surveyorParticipant[quote=afx114]So what is it then that the tea bagger anti-tax brigade are against? The fact that we pay more taxes than Mexico and Turkey? Please enlighten me.[/quote]
The people who are part of the Tea Party understand that more taxes and more spending are not answers in making the U.S. economy better. They also understand that bigger government does not create more jobs and prosperity. They are also very alarmed at the high amount of debt that the U.S. has and they want that fixed yesterday.
For me, I am against higher taxes for the simple reason that it is against common sense to give money to people who have proved unable to spend it properly. I will be the best judge on how to spend my money, not the government, not anyone else.
There is a certain principle of money and economics that if you are forced to spend your own money, you try very hard to spend it wisely. There is no such concern when you are spending other people’s money.
Those ideas are part of the core Tea Party principles.
Bet you never heard that on the MSM.
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