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Best way to raise income for a population?

Ore_Ele
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2/7/2011 5:48:10 PM
Posted: 5 years ago
What is the best way for a nation (any generic nation, not neccessarily the US) to raise the income (ppp) of its people, from the view of the government?

By that, I mean, what can the government do to achieve that for its people.

While I imgine that this will turn into a focus on a single idea, with two sides clashing on it, I hope that it can remain open with new ideas being injected every now and again to keep things fresh and helpful.
"Wanting Red Rhino Pill to have gender"
Cerebral_Narcissist
Posts: 10,806
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2/7/2011 7:17:07 PM
Posted: 5 years ago
Abolish corporation tax, try to keep other taxes low and chuck what it can into industrial investment/subsidies.
I am voting for Innomen because of his intelligence, common sense, humility and the fact that Juggle appears to listen to him. Any other Presidential style would have a large sub-section of the site up in arms. If I was President I would destroy the site though elitism, others would let it run riot. Innomen represents a middle way that works, neither draconian nor anarchic and that is the only way things can work. Plus he does it all without ego trips.
belle
Posts: 4,113
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2/7/2011 7:19:27 PM
Posted: 5 years ago
clearly, if they want to raise income, they should just give everyone money... then voila! everyone will have a higher income. yay government.
evidently i only come to ddo to avoid doing homework...
InsertNameHere
Posts: 15,699
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2/7/2011 7:20:17 PM
Posted: 5 years ago
At 2/7/2011 7:19:27 PM, belle wrote:
clearly, if they want to raise income, they should just give everyone money... then voila! everyone will have a higher income. yay government.

Yay socialism...

/sarcasm
askbob
Posts: 7,254
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2/7/2011 7:22:50 PM
Posted: 5 years ago
Instituting Financial literacy classes in a high school environment.
Raising the Interest Rate
etc.

It all returns to equilibrium in the long run though.
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askbob
Posts: 7,254
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2/7/2011 7:23:14 PM
Posted: 5 years ago
At 2/7/2011 7:20:17 PM, InsertNameHere wrote:
At 2/7/2011 7:19:27 PM, belle wrote:
clearly, if they want to raise income, they should just give everyone money... then voila! everyone will have a higher income. yay government.

Yay socialism...

/sarcasm

that's known as inflation not socialism.
Me -Phil left the site in my charge. I have a recorded phone conversation to prove it.
kohai -If you're the owner, then do something useful like ip block him and get us away from juggle and on a dofferent host!
Me -haha you apparently don't know my history
Kohai - Maybe not, but that doesn't matter! You shoukd still listen to your community and quit being a tyrrant!
Me - i was being completely sarcastic
Kohai - then u misrepresented yourself by impersonating the owner—a violation of the tos
SuperRobotWars
Posts: 3,906
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2/7/2011 7:31:40 PM
Posted: 5 years ago
At 2/7/2011 7:23:14 PM, askbob wrote:
At 2/7/2011 7:20:17 PM, InsertNameHere wrote:
At 2/7/2011 7:19:27 PM, belle wrote:
clearly, if they want to raise income, they should just give everyone money... then voila! everyone will have a higher income. yay government.

Yay socialism...

/sarcasm

that's known as inflation not socialism.

Which we all know leads to fascism
Minister Of Trolling
: At 12/6/2011 2:21:41 PM, badger wrote:
: ugly people should beat beautiful people ugly. simple! you'd be killing two birds with the one stone... women like violent men and you're making yourself more attractive, relatively. i met a blonde dude who was prettier than me not so long ago. he's not so pretty now! ha!
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: ...and well, he wasn't really prettier than me. he just had nice hair.
InsertNameHere
Posts: 15,699
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2/7/2011 7:34:50 PM
Posted: 5 years ago
At 2/7/2011 7:23:14 PM, askbob wrote:
At 2/7/2011 7:20:17 PM, InsertNameHere wrote:
At 2/7/2011 7:19:27 PM, belle wrote:
clearly, if they want to raise income, they should just give everyone money... then voila! everyone will have a higher income. yay government.

Yay socialism...

/sarcasm

that's known as inflation not socialism.

Yea, like what the Weimar Republic did, ultimately leading to its collapse and then we all know the rest of the story...
Cerebral_Narcissist
Posts: 10,806
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2/7/2011 7:39:22 PM
Posted: 5 years ago
At 2/7/2011 7:34:50 PM, InsertNameHere wrote:
At 2/7/2011 7:23:14 PM, askbob wrote:
At 2/7/2011 7:20:17 PM, InsertNameHere wrote:
At 2/7/2011 7:19:27 PM, belle wrote:
clearly, if they want to raise income, they should just give everyone money... then voila! everyone will have a higher income. yay government.

Yay socialism...

/sarcasm

that's known as inflation not socialism.

Yea, like what the Weimar Republic did, ultimately leading to its collapse and then we all know the rest of the story...

Well to be fair the Weimar Republic was reacting to an impossible external situation.
I am voting for Innomen because of his intelligence, common sense, humility and the fact that Juggle appears to listen to him. Any other Presidential style would have a large sub-section of the site up in arms. If I was President I would destroy the site though elitism, others would let it run riot. Innomen represents a middle way that works, neither draconian nor anarchic and that is the only way things can work. Plus he does it all without ego trips.
Reasoning
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2/7/2011 7:54:21 PM
Posted: 5 years ago
At 2/7/2011 5:48:10 PM, OreEle wrote:
What is the best way for a nation (any generic nation, not neccessarily the US) to raise the income (ppp) of its people, from the view of the government?

Print lots of money.
"What we really ought to ask the liberal, before we even begin addressing his agenda, is this: In what kind of society would he be a conservative?" - Joseph Sobran
askbob
Posts: 7,254
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2/7/2011 7:55:05 PM
Posted: 5 years ago
At 2/7/2011 7:54:21 PM, Reasoning wrote:
At 2/7/2011 5:48:10 PM, OreEle wrote:
What is the best way for a nation (any generic nation, not neccessarily the US) to raise the income (ppp) of its people, from the view of the government?

Print lots of money.

that would decrease the purchasing power parity.
Me -Phil left the site in my charge. I have a recorded phone conversation to prove it.
kohai -If you're the owner, then do something useful like ip block him and get us away from juggle and on a dofferent host!
Me -haha you apparently don't know my history
Kohai - Maybe not, but that doesn't matter! You shoukd still listen to your community and quit being a tyrrant!
Me - i was being completely sarcastic
Kohai - then u misrepresented yourself by impersonating the owner—a violation of the tos
wjmelements
Posts: 8,206
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2/7/2011 8:22:19 PM
Posted: 5 years ago
At 2/7/2011 7:55:05 PM, askbob wrote:
At 2/7/2011 7:54:21 PM, Reasoning wrote:
At 2/7/2011 5:48:10 PM, OreEle wrote:
What is the best way for a nation (any generic nation, not neccessarily the US) to raise the income (ppp) of its people, from the view of the government?

Print lots of money.

that would decrease the purchasing power parity.

Ah, but it would raise the income.
in the blink of an eye you finally see the light
wjmelements
Posts: 8,206
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2/7/2011 8:26:04 PM
Posted: 5 years ago
At 2/7/2011 7:22:50 PM, askbob wrote:
Instituting Financial literacy classes in a high school environment.
Prevents me from taking classes more valuable to my education.

I am interested in knowing how finance classes make citizens more productive.

Raising the Interest Rate
To what?
in the blink of an eye you finally see the light
Ragnar_Rahl
Posts: 19,297
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2/7/2011 8:27:51 PM
Posted: 5 years ago
At 2/7/2011 8:22:19 PM, wjmelements wrote:
At 2/7/2011 7:55:05 PM, askbob wrote:
At 2/7/2011 7:54:21 PM, Reasoning wrote:
At 2/7/2011 5:48:10 PM, OreEle wrote:
What is the best way for a nation (any generic nation, not neccessarily the US) to raise the income (ppp) of its people, from the view of the government?

Print lots of money.

that would decrease the purchasing power parity.

Ah, but it would raise the income.

he said income (ppp).

A government can't increase purchasing power of "its people" as a whole. It can decrease it, it can redistribute and thereby decrease it, or it can leave it alone and thereby not decrease it.
It came to be at its height. It was commanded to command. It was a capital before its first stone was laid. It was a monument to the spirit of man.
askbob
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2/7/2011 8:43:51 PM
Posted: 5 years ago
At 2/7/2011 8:22:19 PM, wjmelements wrote:
At 2/7/2011 7:55:05 PM, askbob wrote:
At 2/7/2011 7:54:21 PM, Reasoning wrote:
At 2/7/2011 5:48:10 PM, OreEle wrote:
What is the best way for a nation (any generic nation, not neccessarily the US) to raise the income (ppp) of its people, from the view of the government?

Print lots of money.

that would decrease the purchasing power parity.

Ah, but it would raise the income.

He has PPP (Purchasing power parity) in () next to income meaning that he's defining income to be purchasing power parity.

And it wouldn't increase real income.
Me -Phil left the site in my charge. I have a recorded phone conversation to prove it.
kohai -If you're the owner, then do something useful like ip block him and get us away from juggle and on a dofferent host!
Me -haha you apparently don't know my history
Kohai - Maybe not, but that doesn't matter! You shoukd still listen to your community and quit being a tyrrant!
Me - i was being completely sarcastic
Kohai - then u misrepresented yourself by impersonating the owner—a violation of the tos
Reasoning
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2/7/2011 8:47:23 PM
Posted: 5 years ago
At 2/7/2011 8:43:51 PM, askbob wrote:
He has PPP (Purchasing power parity) in () next to income meaning that he's defining income to be purchasing power parity.

And it wouldn't increase real income.

It would until the market readjusts.
"What we really ought to ask the liberal, before we even begin addressing his agenda, is this: In what kind of society would he be a conservative?" - Joseph Sobran
askbob
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2/7/2011 9:00:01 PM
Posted: 5 years ago
At 2/7/2011 8:26:04 PM, wjmelements wrote:
At 2/7/2011 7:22:50 PM, askbob wrote:
Instituting Financial literacy classes in a high school environment.
Prevents me from taking classes more valuable to my education.

I am interested in knowing how finance classes make citizens more productive.

1. Take Financial Literacy Classes
2. Make more intelligent investing decisions and invest in firms rather than put money in a low interest bank account thereby earning more interest thus making more money
3. Put funds in ROTH vehicles thereby avoiding tax on interest which gives the government less money and citizens more
4. It's proven that taking financial literacy classes increases an investors risk tolerance. Investing in smaller firms is more risky than investing in large firms. Therefore smaller firms will grow at faster rates than before creating more competition and making the economy more efficient.
5. Once people understand the concept of inflation less citizens will buy US debt securities thus making it more difficult for the government to wastefully spend citizens money.

Raising the Interest Rate
To what?

Just in general increasing the interest rate increases the value of the dollar and thus increases PPP.
Me -Phil left the site in my charge. I have a recorded phone conversation to prove it.
kohai -If you're the owner, then do something useful like ip block him and get us away from juggle and on a dofferent host!
Me -haha you apparently don't know my history
Kohai - Maybe not, but that doesn't matter! You shoukd still listen to your community and quit being a tyrrant!
Me - i was being completely sarcastic
Kohai - then u misrepresented yourself by impersonating the owner—a violation of the tos
askbob
Posts: 7,254
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2/7/2011 9:00:39 PM
Posted: 5 years ago
At 2/7/2011 8:47:23 PM, Reasoning wrote:
At 2/7/2011 8:43:51 PM, askbob wrote:
He has PPP (Purchasing power parity) in () next to income meaning that he's defining income to be purchasing power parity.

And it wouldn't increase real income.

It would until the market readjusts.

the market doesn't "adjust" to inflation. It just happens.
Me -Phil left the site in my charge. I have a recorded phone conversation to prove it.
kohai -If you're the owner, then do something useful like ip block him and get us away from juggle and on a dofferent host!
Me -haha you apparently don't know my history
Kohai - Maybe not, but that doesn't matter! You shoukd still listen to your community and quit being a tyrrant!
Me - i was being completely sarcastic
Kohai - then u misrepresented yourself by impersonating the owner—a violation of the tos
J.Kenyon
Posts: 4,194
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2/7/2011 9:06:24 PM
Posted: 5 years ago
At 2/7/2011 9:00:39 PM, askbob wrote:
At 2/7/2011 8:47:23 PM, Reasoning wrote:
At 2/7/2011 8:43:51 PM, askbob wrote:
He has PPP (Purchasing power parity) in () next to income meaning that he's defining income to be purchasing power parity.

And it wouldn't increase real income.

It would until the market readjusts.

the market doesn't "adjust" to inflation. It just happens.

Uhh, yeah it does. After the brief transitional period where everyone is like "w00t! Free money!" prices will skyrocket because demand surges while supply remains stable.
FREEDO
Posts: 21,057
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2/7/2011 9:08:15 PM
Posted: 5 years ago
Obviously, America is the best one to take advice from on this matter.

If you want the income higher in your nation just steal from other nations.
GRAND POOBAH OF DDO

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Reasoning
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2/7/2011 9:08:18 PM
Posted: 5 years ago
At 2/7/2011 9:00:39 PM, askbob wrote:
At 2/7/2011 8:47:23 PM, Reasoning wrote:
At 2/7/2011 8:43:51 PM, askbob wrote:
He has PPP (Purchasing power parity) in () next to income meaning that he's defining income to be purchasing power parity.

And it wouldn't increase real income.

It would until the market readjusts.

the market doesn't "adjust" to inflation. It just happens.

Lol. Yes, askbob, we just move from one equilibrium state to another. *rolls eyes*
"What we really ought to ask the liberal, before we even begin addressing his agenda, is this: In what kind of society would he be a conservative?" - Joseph Sobran
Reasoning
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2/7/2011 9:09:14 PM
Posted: 5 years ago
At 2/7/2011 9:00:01 PM, askbob wrote:
At 2/7/2011 8:26:04 PM, wjmelements wrote:
Raising the Interest Rate
To what?

Just in general increasing the interest rate increases the value of the dollar and thus increases PPP.

Yeah and then no one will be able to get a loan at an affordable price! Prosperity for everyone!
"What we really ought to ask the liberal, before we even begin addressing his agenda, is this: In what kind of society would he be a conservative?" - Joseph Sobran
askbob
Posts: 7,254
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2/7/2011 9:43:00 PM
Posted: 5 years ago
At 2/7/2011 9:09:14 PM, Reasoning wrote:
At 2/7/2011 9:00:01 PM, askbob wrote:
At 2/7/2011 8:26:04 PM, wjmelements wrote:
Raising the Interest Rate
To what?

Just in general increasing the interest rate increases the value of the dollar and thus increases PPP.

Yeah and then no one will be able to get a loan at an affordable price! Prosperity for everyone!

the question was what raises PPP not what is the solution to prosperity.
Me -Phil left the site in my charge. I have a recorded phone conversation to prove it.
kohai -If you're the owner, then do something useful like ip block him and get us away from juggle and on a dofferent host!
Me -haha you apparently don't know my history
Kohai - Maybe not, but that doesn't matter! You shoukd still listen to your community and quit being a tyrrant!
Me - i was being completely sarcastic
Kohai - then u misrepresented yourself by impersonating the owner—a violation of the tos
askbob
Posts: 7,254
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2/7/2011 9:46:54 PM
Posted: 5 years ago
At 2/7/2011 9:06:24 PM, J.Kenyon wrote:
At 2/7/2011 9:00:39 PM, askbob wrote:
At 2/7/2011 8:47:23 PM, Reasoning wrote:
At 2/7/2011 8:43:51 PM, askbob wrote:
He has PPP (Purchasing power parity) in () next to income meaning that he's defining income to be purchasing power parity.

And it wouldn't increase real income.

It would until the market readjusts.

the market doesn't "adjust" to inflation. It just happens.

Uhh, yeah it does. After the brief transitional period where everyone is like "w00t! Free money!" prices will skyrocket because demand surges while supply remains stable.

There is no transitional period. The only time there would be a transitional period is if the fed just randomly decided to do it in secret. Prices adjust when the announcements are made that money will be printed.

Fed says "we're going to print money over the next months (QE, QE2)

Dollar declines as soon as the announcement is made and kapow! market has adjusted for inflation.
Me -Phil left the site in my charge. I have a recorded phone conversation to prove it.
kohai -If you're the owner, then do something useful like ip block him and get us away from juggle and on a dofferent host!
Me -haha you apparently don't know my history
Kohai - Maybe not, but that doesn't matter! You shoukd still listen to your community and quit being a tyrrant!
Me - i was being completely sarcastic
Kohai - then u misrepresented yourself by impersonating the owner—a violation of the tos
askbob
Posts: 7,254
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2/7/2011 9:47:41 PM
Posted: 5 years ago
At 2/7/2011 9:08:18 PM, Reasoning wrote:
At 2/7/2011 9:00:39 PM, askbob wrote:
At 2/7/2011 8:47:23 PM, Reasoning wrote:
At 2/7/2011 8:43:51 PM, askbob wrote:
He has PPP (Purchasing power parity) in () next to income meaning that he's defining income to be purchasing power parity.

And it wouldn't increase real income.

It would until the market readjusts.

the market doesn't "adjust" to inflation. It just happens.

Lol. Yes, askbob, we just move from one equilibrium state to another. *rolls eyes*

We do, anyone who knows the basics of economics knows this.

http://en.wikipedia.org...
Me -Phil left the site in my charge. I have a recorded phone conversation to prove it.
kohai -If you're the owner, then do something useful like ip block him and get us away from juggle and on a dofferent host!
Me -haha you apparently don't know my history
Kohai - Maybe not, but that doesn't matter! You shoukd still listen to your community and quit being a tyrrant!
Me - i was being completely sarcastic
Kohai - then u misrepresented yourself by impersonating the owner—a violation of the tos
djsherin
Posts: 343
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2/7/2011 9:52:00 PM
Posted: 5 years ago
At 2/7/2011 9:47:41 PM, askbob wrote:
At 2/7/2011 9:08:18 PM, Reasoning wrote:
At 2/7/2011 9:00:39 PM, askbob wrote:
At 2/7/2011 8:47:23 PM, Reasoning wrote:
At 2/7/2011 8:43:51 PM, askbob wrote:
He has PPP (Purchasing power parity) in () next to income meaning that he's defining income to be purchasing power parity.

And it wouldn't increase real income.

It would until the market readjusts.

the market doesn't "adjust" to inflation. It just happens.

Lol. Yes, askbob, we just move from one equilibrium state to another. *rolls eyes*

We do, anyone who knows the basics of economics knows this.

http://en.wikipedia.org...

Markets move towards equilibrium. They don't necessarily reach it and it certainly doesn't happen instantaneously.
Reasoning
Posts: 4,456
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2/7/2011 9:52:54 PM
Posted: 5 years ago
At 2/7/2011 9:43:00 PM, askbob wrote:
At 2/7/2011 9:09:14 PM, Reasoning wrote:
At 2/7/2011 9:00:01 PM, askbob wrote:
At 2/7/2011 8:26:04 PM, wjmelements wrote:
Raising the Interest Rate
To what?

Just in general increasing the interest rate increases the value of the dollar and thus increases PPP.

Yeah and then no one will be able to get a loan at an affordable price! Prosperity for everyone!

the question was what raises PPP not what is the solution to prosperity.

Preventing people form borrowing money does not raise income.
"What we really ought to ask the liberal, before we even begin addressing his agenda, is this: In what kind of society would he be a conservative?" - Joseph Sobran
askbob
Posts: 7,254
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2/7/2011 10:04:08 PM
Posted: 5 years ago
At 2/7/2011 9:52:00 PM, djsherin wrote:
At 2/7/2011 9:47:41 PM, askbob wrote:
At 2/7/2011 9:08:18 PM, Reasoning wrote:
At 2/7/2011 9:00:39 PM, askbob wrote:
At 2/7/2011 8:47:23 PM, Reasoning wrote:
At 2/7/2011 8:43:51 PM, askbob wrote:
He has PPP (Purchasing power parity) in () next to income meaning that he's defining income to be purchasing power parity.

And it wouldn't increase real income.

It would until the market readjusts.

the market doesn't "adjust" to inflation. It just happens.

Lol. Yes, askbob, we just move from one equilibrium state to another. *rolls eyes*

We do, anyone who knows the basics of economics knows this.

http://en.wikipedia.org...

Markets move towards equilibrium. They don't necessarily reach it and it certainly doesn't happen instantaneously.

Does not refute EMH
Me -Phil left the site in my charge. I have a recorded phone conversation to prove it.
kohai -If you're the owner, then do something useful like ip block him and get us away from juggle and on a dofferent host!
Me -haha you apparently don't know my history
Kohai - Maybe not, but that doesn't matter! You shoukd still listen to your community and quit being a tyrrant!
Me - i was being completely sarcastic
Kohai - then u misrepresented yourself by impersonating the owner—a violation of the tos