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A question on Iraq expenditures [message #298954] |
Sun, 25 November 2007 20:40  |
prasp
Messages: 59 Registered: July 2007 Location: 666 I'm not telling you
Karma: 0
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How the fuck does the retarded monkey in the white house pay for the Iraq War?
Considering the war is costing 2 billion a month, how come inflation hasn't even begun to fully take hold of the US economy?
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Re: A question on Iraq expenditures [message #299504 is a reply to message #299498] |
Tue, 27 November 2007 19:22   |
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cheesesoda
Messages: 6507 Registered: March 2003 Location: Jackson, Michigan
Karma: 0
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General (5 Stars) |

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razorblade001 wrote on Tue, 27 November 2007 21:12 | ignorant, maybe, but he is right... Just because money is being spent on the war, doesn't mean when the war is over, money will start growing on trees.
The economy is based on the market and how the people react to products in the market. How is some conflict in the middle east going to effect the demand of people who want an iPhone in the US?
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Actually, the weapons industry is huge. Of course, our government buys from American military goods corporations. So a lot of what our government is spending overseas is coming back into our nation.
Inflation isn't about the demand and supply of a market. Inflation is how saturated the economy is. The more people spend, the better, but not when the government keeps forcing money into the economy.
whoa.
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Re: A question on Iraq expenditures [message #299511 is a reply to message #299508] |
Tue, 27 November 2007 19:55   |
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R315r4z0r
Messages: 3836 Registered: March 2005 Location: New York
Karma: 0
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General (3 Stars) |
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Kinda-sorta.
Now I shall explain something you probably already know:
-Due to the War, oil imports ceased
-supply went down
-price went up
-since people need gas, personal income money went down
-less money = less demand
-less demand = more left over (more supply)
-Company of product needs to balance the price at an equilibrium, thus using the quantity demanded compared to the quantity supplied to calculate the highest price people would willingly buy at.
-People buy product & pay tax
-tax goes to government to fund war effort.
Like I said, cheesesoda, you probably already knew that, but I was explaining it to the other people I originally had a response to.
[Updated on: Tue, 27 November 2007 19:57] Report message to a moderator
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