Apr

26

Where does the US get it’s wealth?

Filed Under Wealth Creation 

Mr. Peanut


The govt just prints more money right?

Govt is a negative factor in the creation of wealth or GNP.

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Comments

6 Responses to “Where does the US get it’s wealth?”

  1. univee on April 29th, 2009 2:53 am

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    Best kept secret of US economy there.

    Our wealth is imaginary, our productivity at all time lows.

  2. steddy voter on April 30th, 2009 12:10 pm

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    Actually, the more they print, the weaker the dollar becomes. The typical middle class working American is the main supply of funding.

  3. CAIN on May 1st, 2009 5:53 pm

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    Taxes!~!

  4. wolf on May 1st, 2009 11:07 pm

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    Nope.
    Carter tried that printing of more money, and it about ruined the country.

    Capitalism is why we live better than all the rest of the world. Even our poor live better that 90% of the world.

    BUT YOU ARE VERY CORRECT—–
    The Government is the big NEGATIVE FACTOR to us living better.
    THE GOVERNMENT & THE DEMOCRAT PARTY always takes away from the Working People.
    Good Question.

  5. cornbread on May 4th, 2009 8:37 pm

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    Ingenuity and hard work. You’re right — this is done IN SPITE of government.

  6. viablerenewables on May 6th, 2009 5:23 pm

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    Circulating currency creates wealth. The more people create & consume the more wealth is created. If one is willing to work for a house & another is willing to create one for a given amount of currency wealth is created. The currency sitting in ones pocket is creating no wealth. If the money sat in the bank it wouldn’t create wealth. Others barrowing the money from the bank & manufacturing a product & selling it does.

    That is why the confidence index is so important. If one is to scared to purchase an item today for fear of what tomorrow will bring no wealth will be created. The difference between the 1st world & the 3rd world is the infrastructure that has been installed. BOTH rich & poor can use it to create wealth.