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How to Prevent a Sporadic Global Recessions: I am Affraid...

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Last Edited: March 20, 2011, 2:48 am

When people purchase a lot and they got a LOT stocked in their home, when they go and buy more and stack up more there comes a period when nobody purchases because they got a lot at home i think is called a HYPERINFLATION but i dont know...One way to solve this is by doing the following...

I AM AFFRAID EVERYONE WILL HAVE A: CHIP I.D CARD that records how many times that person purchases, that it keeps a record of it...And when it notices that a person is purchasing a lot it hinders the action of buying...

This is to prevent Global Sporadic Recessions...

There are 2 things a person could do with the money saved/omitted...The Cards tells them in what products they can purchase it on or the money is placed in the bank as reserved or the money is given to charity or a special charity/cause the person might have....

one problem with this Global Card is the common fear that such a card will be the mark of the beast [the Antichrist].....

But in other words you will be told what to buy, yes they will give you options of course....This is to refrain from creating, Global Sporadic Recessions...

What you are not allow to buy, it might last: 3 days or up to 3 months it will not last forever all of it to prevent hyperinflation....

I WAS READING THIS ARTICLE AND LISTEN TO WHAT IT SAYS:

http://en.wikipedia.org/wiki/Hyperinflation

Read the part where is says:

Hyperinflation is often associated with wars (or their aftermath), currency meltdowns, political or social upheavals, or aggressive bidding on currency exchanges.

did you read the part that says:

aggressive bidding on currency exchanges...

that means that anyone who can crack the Forex can create a Global Recession/HyperInflation...

i can see the part where it says: political or social upheavals or wars because during those periods, people STAY HOME, they dont go out and buy stuff thus not stimulating the economy or there is looting, when there is looting nobody purchases anything thus hurting the economy....

Entry #1,710

Comments

1.
Boney526Comment by Boney526 - March 20, 2011, 3:16 pm
"I AM AFFRAID EVERYONE WILL HAVE A: CHIP I.D CARD that records how many times that person purchases, that it keeps a record of it...And when it notices that a person is purchasing a lot it hinders the action of buying..."

Oh no. I really hope you don't believe this would prevent recessions. I can't even begin to list all the ways this would hurt the economy - but besides that, it takes away your economic freedom. We are nowhere near how free we were a century ago (well if you were white... but that's irrelevant I'm talking about economically) right now - and that's causing problems.

Hyperinflation isn't caused by people buying things. People having jobs and buying thing creates more wealth. It is caused by Central Bankers thinking they know what's right for an entire economy, either micromanaging it or applying a one size fits all. Or doing anything. The actions of (the exchanges of) millions or billions speak better than the actions of one or a few manipulating those exchanges.
2.
Boney526Comment by Boney526 - March 20, 2011, 3:19 pm
*Meant to say a little more than a century ago. About a century ago Central Banking started in the US (I think it was 1913) and started to pave the way for the Great Depression. But so did monopolies in a completely unregulated stock trade, so there's more than one cause, but that's one of the few actions governments can take to help their economy, busting monopolies, and not becoming one.

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