| sperrico87 said: Metalli was being sarcastic, and it wasn't a Keynesian statement, it was very much a pro-Austrian economics statement, about how ridiculous it is that so many people think we can solve our debt problem by spending even more money. It's nutty. |
I know, it's ridiculous, right? Like how people think that getting money to start a business makes sense. You get money from a business, you don't put money into it, am I right? Oh, wait...
Yeah, sweeping statements like that make you sound stupid. Learn to love nuance, and to avoid sweeping generalisations. Spending more money can help you to get out of debt, sometimes. Other times, it will just get you into more debt. Careful spending is what matters - spending on the right things, rather than more or less spending, is the solution. When you cut the bad spending to a minimum, and identify new forms of good spending and implement them, you might come out with less net spending, or more net spending, but either way, you'll improve the result.
