"I disagree. Someone is buying those 5,000 dollar big screen HDTV's. There is as market for new products before they get to a level of affordability. Why do they even market them? I was in a store today and every tv in there was tagged at several thousand dollars. This store has been in business for at least twenty years. Are you telling me that they are going out of businees? I think not."
Apples and oranges. You are trying to disagree with my *example*, not my point.
My point was that it is more difficult to speed up the velocity of money when money maintains or increases its purchasing power. I gave you a PC example to help illustrate that concept. Arguing with the illustrating example, however, takes you far away from the point itself.
Then I made another point for you: noting that the faster money loses value, the easier it becomes to convince people to speed up their personal velocity of money.
>>> Then I made another point for you: noting that the faster money loses value, the easier it becomes to convince people to speed up their personal velocity of money <<<
Southack, in this statement, you make the case that is appropriate for the government to manipulate the currency in order to increase the velocity. Is that what you intended? Is that a conservative stance?
It also implies that Americans are too stupid to make their own economic decisions and must have the government herd them in the right direction? Is that a conservative policy?
This is as close to a Keynesian policy as you can get.