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From: ahhaha1/25/2012 3:06:20 PM
of 23301
 
Question for Berdoo:

Reporter : "You're laying out these expectations for the next 3 years and they don't look like you intend to do anything, so why don't you do something now?"

Berdoo : "uma uma uma."

Actual answer: We aren't able to do anything. How can we push on a string?

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To: ahhaha who wrote (20530)1/25/2012 3:25:50 PM
From: ahhaha of 23301
 
So if FED will not be able to do anything for years, what's the solution?

Unleash American capitalism.

This is what all those Keynesian engineers, toot, toot, are trying to avoid. We know their strategy:

a smart, engaged national industrial policy which can identify industries that are essential to the economy, craft policies to help them, invest strategically in their makeover and then get out of the way.

Also, called Politburo industrialism. Think of it. Everyone on the assembly line replacing the robotic machines with hard work. Pharaoh would be proud.

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To: ahhaha who wrote (20529)1/25/2012 3:53:24 PM
From: Lhn5 of 23301
 
<<Might as well stay with the only role for FED : zero inflation, a goal yet to be achieved, but certainly doable.>>

I didn't hear anything about zero inflation. I heard about a target of 1.5 to 2% and they don't want to be under that.

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To: grusum9 who wrote (20527)1/25/2012 3:55:49 PM
From: frankw1900 of 23301
 
if people are poor enough, most barbers will have to find something else to do. you know we're starting to go around in circles, right?

Let me say it again. In really, really, really poor places, barbers are in business. You need to get out more.

And yes Say's law applies to them exactly as i said.

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To: frankw1900 who wrote (20533)1/25/2012 4:10:33 PM
From: Lhn5 of 23301
 
They probably have good pricing and don't give you a mini neck massage with a cheesy quasi-electric massager or have HDTV in your face during the cut.

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To: grusum9 who wrote (20527)1/25/2012 4:43:51 PM
From: dvdw© of 23301
 
Barbers are excellent candidates for bartering services....excellent like Frank said, good times or bad.

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To: dvdw© who wrote (20535)1/25/2012 4:48:17 PM
From: grusum9 of 23301
 
Barbers are excellent candidates for bartering services


true, but you have to have something to barter.

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To: grusum9 who wrote (20536)1/25/2012 5:00:02 PM
From: Lhn5 of 23301
 
You can always barter investment advice.

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To: Lhn5 who wrote (20537)1/25/2012 5:05:20 PM
From: grusum9 of 23301
 
You can always barter investment advice.


one person can barter with another person between haircuts and manicures too. at the end, they both might be prettier, but neither will be wealthier nor closer to their next meal.

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To: ahhaha who wrote (20531)1/25/2012 5:24:55 PM
From: The Wharf of 23301
 
You can start with a wringer washer .Very green I am sure it would qualify for some sort of grant as you save water and conserve energy, Grant is much smaller than what was given for solar panels. Now we need a local washing machine repair person who comes out to service the machine Happens quite a bit as I Imagine you can get your shirt tails caught in the wringer and of course that helps the shirt dept of the store.. Helps the barber too as someone with long hair got their hair caught in the wringer trying to get the shirt tail out

Yep the barber now has his scissors stuck in the wringer.

China capitalism used available labor but whoops comes inflation and we start to see wages go up.
US capitalism as some in Davos call Western Brand was go to your local banker and then we all got wrung out.





Cleopatra

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