Comments on: The Economy: I Want YOU to Spend Your Money http://www.moneyunder30.com/the-economy-i-want-you-to-spend-your-money Personal Finance for the Young and Ambitious Fri, 19 Mar 2010 21:32:50 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Jason http://www.moneyunder30.com/the-economy-i-want-you-to-spend-your-money/comment-page-1#comment-1887 Jason Wed, 10 Dec 2008 17:05:51 +0000 http://www.moneyunder30.com/?p=907#comment-1887 As the save more, spend less attitude seeps into our culture, it seems to me that the economy will have shift into one that is less based on consumption. As the save more, spend less attitude seeps into our culture, it seems to me that the economy will have shift into one that is less based on consumption.

]]> By: Live for Improvement http://www.moneyunder30.com/the-economy-i-want-you-to-spend-your-money/comment-page-1#comment-1886 Live for Improvement Mon, 08 Dec 2008 20:10:40 +0000 http://www.moneyunder30.com/?p=907#comment-1886 I think U.S. population is starting to realize the importance of personal finance. This is a good thing. I don't know the facts either, but it seems like the federal government is racking up a large debt on frivolous things. I would be interested to see how other countries budget their money, and whether they have deficits. -Dan Malone- I think U.S. population is starting to realize the importance of personal finance. This is a good thing. I don’t know the facts either, but it seems like the federal government is racking up a large debt on frivolous things. I would be interested to see how other countries budget their money, and whether they have deficits.
-Dan Malone-

]]> By: Hank http://www.moneyunder30.com/the-economy-i-want-you-to-spend-your-money/comment-page-1#comment-1889 Hank Sun, 07 Dec 2008 14:07:21 +0000 http://www.moneyunder30.com/?p=907#comment-1889 You shouldn't think of it as you spending say $1,000 on a new TV at a retailer and the money only benefiting that retailer. Your $1,000 of new money inserted into the "system" will make a circuit helping a host of other companies (wholesalers, parts manufacturers, etc.) who will use that money to pay employees, suppliers, etc. It is classic trickle down theory. Your money infusion will help many others as it is used over and over again. You shouldn’t think of it as you spending say $1,000 on a new TV at a retailer and the money only benefiting that retailer. Your $1,000 of new money inserted into the “system” will make a circuit helping a host of other companies (wholesalers, parts manufacturers, etc.) who will use that money to pay employees, suppliers, etc. It is classic trickle down theory. Your money infusion will help many others as it is used over and over again.

]]> By: Rick http://www.moneyunder30.com/the-economy-i-want-you-to-spend-your-money/comment-page-1#comment-1888 Rick Fri, 05 Dec 2008 15:13:48 +0000 http://www.moneyunder30.com/?p=907#comment-1888 I wonder if the population's increased rate of savings has helped any of the banks re-capitalize to a level where lending will soon be possible. Another thought, I wonder if banks would be more likely to lend to small businesses if there were terms beyond the business's repayment, some kind of equity in addition to terms? Essentially what the US Govt is doing with the TARP. Private equity's too opaque, this could create confidence in lending and more responsible financing for businesses. I wonder if the population’s increased rate of savings has helped any of the banks re-capitalize to a level where lending will soon be possible.

Another thought, I wonder if banks would be more likely to lend to small businesses if there were terms beyond the business’s repayment, some kind of equity in addition to terms? Essentially what the US Govt is doing with the TARP. Private equity’s too opaque, this could create confidence in lending and more responsible financing for businesses.

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