Friday, August 21, 2009

My suggestion for overcoming world depression

So far, I have not heard of solutions for overcoming world depression. People are forecasting collapse of the US dollar, bioterrorism, castastrophe etc.

There are many people out there who are disgusted with Fed for bailing out Wall Street. Here's what I would like to propose to prevent world depression. Let printing money machines all over the world print out more money. I mean all over the world, not just in USA, I believe this will balance the money printed out by USA and provide balance in currencies. So how much should salaries increase each year? If you look at property prices, stock prices that swing wildly up and down so how to bring about stabilization. There has to be some watch over how much property and stock prices rise within a 6 month period, let's say. You wouldn't let salaries swing so wildly, so how can property and stock prices be allowed to swing so wildly.

Governments can subsidise industries with this new money and so more jobs can be created. In this way, all countries can benefit by having more paper money. Governments can subsidize travel, green industries etc. There are so many industries Government can subsidize and cause new industries to be created. Forest management, natural disasters etc all can be easily tackled and all these can create new jobs.

There is no need for revolutions, bioterrorism, etc. We can live in a beautiful world. There are many new industries that are on the verge of coming out. We can decide to live in a beautiful world and not let sociopaths go along with their devastating agendas.

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