Invest in corporate America. Just don't work there 2900

On Tue, 4 Apr 2006, Kamal R. Prasad

Offshoring now means applications for jobs brom people in the USA will not even be looked at.

Converely -when companies increase

All these companies are feeding lots of money into the new locations, not the old locations, and they will make money off people in the new locations and all the people in the new locations will benefit and the people in the old locations will suffer.

So offshoring is something that

As interest rates are now going up almost all over the world, so will inflation. It has nothing to do with offshoring.

This is probably what AG meant when he

Public statements are mostly propaganda.

You never heard of the Bank of Japan? The European Central Bank? I've been reading about what they are doing. Have you?

If it were unimportant to keep a lid on inflation

Many have said we need a minimum amount of inflation, but we don't want too much. I can also see you don't understand fractional reserve banking.

The bottom line in all societies is that the rich definitely work for just two things: i) get richer, and ii) keep everything they get, and (usually) to hell with the rest of society. It is a thought which is only partly prevalent in society that since all people absolutely need money to buy all that food that we absolutely need and a place to sleep at night is nice, too, that people need jobs and are willing to work on those jobs so they can pay for the other things that they need. I say need not want. And, our governments demand taxes, too. So, as the rich demand more money and demand to keep it all, and as the government demands taxes, then the people can demand jobs.

Someday maybe you will have a car, if you don't have one now. Or, maybe you will own some things that are valuable to you. And, you paid for them with money that you worked long and hard for. And, then maybe a theif will come along and steal your car and you will go to the police who will be unlikely to return your stolen car to you and maybe then you will ask "why are there theives who take things that they did not work for, especially my things" and maybe you will also ask "why can't the police help correct this injustice."