THE CAUSE OF DEFLATION, DEPRESSION
posted at 11/18/2009 12:28 PM EST
FORMER CLINTON HONCHO: PROBLEM IS OVERPRODUCTION,INEQUALITY/
The rich have the money, but they spend a small percentage of their money ,In China and US/Ordinary people would love to spend more, But have little money./Result: producing more than can be sold./(Computers don’t consume)./Productivity spikes ( product added by fewer workers).
ROBT.REICH IN HUFFINGTONPOST18NOV