Comments on: How History & Logic Create Riches, and Emotion Creates Poverty http://masterofbusinessownership.com/blog/how-history-logic-create-riches-and-emotion-creates-poverty/ Proven systems to grow your busines and lead, achieve, and create wealth in any economy! Tue, 29 Nov 2011 06:06:30 -0400 http://wordpress.org/?v=2.8.3 hourly 1 By: Dating http://masterofbusinessownership.com/blog/how-history-logic-create-riches-and-emotion-creates-poverty/#comment-15593 Dating Sat, 05 Nov 2011 08:09:04 +0000 http://mogulogic.com/blog/?p=4#comment-15593 Very interesting article. I have learned a lot of the new. I will subscribe for blog updatings. Very interesting article. I have learned a lot of the new. I will subscribe for blog updatings.

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]]> By: Creating wealth or creating slavery « Entrepreneurs using Macs http://masterofbusinessownership.com/blog/how-history-logic-create-riches-and-emotion-creates-poverty/#comment-273 Creating wealth or creating slavery « Entrepreneurs using Macs Wed, 04 Feb 2009 20:45:43 +0000 http://mogulogic.com/blog/?p=4#comment-273 [...] How History & Logic Create Riches and Emotion Creates Poverty [...] [...] How History & Logic Create Riches and Emotion Creates Poverty [...]

]]> By: JP Micek http://masterofbusinessownership.com/blog/how-history-logic-create-riches-and-emotion-creates-poverty/#comment-272 JP Micek Mon, 02 Feb 2009 17:58:54 +0000 http://mogulogic.com/blog/?p=4#comment-272 Micheal ~ Great points you made. Especially "People cannot spend what they don’t have, and it is about damn time that they realize it. If I spend more than is in my bank account, I get service charges. If the government spends more than it has in its bank account it prints more money!" This is one of the problems of an educational system that barely teaches kids to read, never mind about basic economics. Manipulation of the money supply and it's impact on the economy is one of the simplest concepts to grasp. Greenspan devalued the dollar 50% in 8yrs. What the printing to support this Porkulus package will do is scary. People have no idea what stagflation is, but they unfortunately will soon enough. Frank ~ Spot on! INCENTIVES (NOT handouts) to small business owners is what will stimulate the economy if the politicians really wanted to do that. Small business is the engine that drives this economy (equally or greater than large corps) yet we are being put right in the cross-hairs of this plan. Time to put our heads down and push forward, until as you said, it's time for Atlas to shrug. ;-) Micheal ~ Great points you made. Especially “People cannot spend what they don’t have, and it is about damn time that they realize it. If I spend more than is in my bank account, I get service charges. If the government spends more than it has in its bank account it prints more money!”

This is one of the problems of an educational system that barely teaches kids to read, never mind about basic economics. Manipulation of the money supply and it’s impact on the economy is one of the simplest concepts to grasp. Greenspan devalued the dollar 50% in 8yrs. What the printing to support this Porkulus package will do is scary. People have no idea what stagflation is, but they unfortunately will soon enough.

Frank ~ Spot on! INCENTIVES (NOT handouts) to small business owners is what will stimulate the economy if the politicians really wanted to do that. Small business is the engine that drives this economy (equally or greater than large corps) yet we are being put right in the cross-hairs of this plan. Time to put our heads down and push forward, until as you said, it’s time for Atlas to shrug. ;-)

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