Tuesday 9 April 2013

Corporations still won’t circulate ‘dead money’: Goar | Toronto Star

Mystery?

Commonly called in economics, the liquidity trap, a situation that shows the capitalist economy is not working as the classical free market theory says it will and should.   

The next step is intervention and reduction of tax subsidies to Canadian companies who do not play their role as industry leaders. 

The other more dangerous role of such money is to speculate on future currency movement selling against stronger Canadian dollars when the oil industry speculators win? Unbalanced / lopsided Canadian dollar strength is something most everyone ultimately in Canada will pay for! 


Sketches from scratches:  http://Woohs.blogspot.com   

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Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth. ... more!