Tuesday, January 11, 2011
O Thats Why I Dont Have Any Money!
Ever wonder what the government does to help the recession? A deflation happens when people don't value the dollar and prices of products drops. The feds answer to having the dollar worth less due to the housing crash involves printing more money. This doesn't help anyone because deflation can have good qualities if a certain amount of people make the same amount of money, at the time of the recession, and can now buy cheaper products. When people buy more products the companies get more revenue and can hire more people, thus progressing the economy. So where has all the money gone? Goldman Sachs!
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