02-05-2005, 02:59 PM
|
#2469
|
|
Serenity Now
Join Date: Mar 2003
Location: Survivor Island
Posts: 7,007
|
Quote:
Originally posted by Mmmm, Burger (C.J.)
oooh, oooh, oooh. I know! I know! Lots of capital available for all kinds of new investments! dot.coms! More dot.coms, with foosball tables! and mini-motorscooters to roam the halls! And no business plans!!!
What drives legitimate and productive capital spending is good investment opportunties, a stable economy, and low interest rates, all of which are helped by less gov't debt. The availability of spare funds in investors hands does not drive sensible investment, but rther irrational investment.
|
Huh? Are you saying that wealth creation will have zero effect on the economy?
|
|
|