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coursework范文:经济增长和崩溃的原因(2)

时间:2018-04-09 08:52来源:www.ukassignment.org 作者:cinq 点击:
In the end, Usonia was completely out of fish. They borrowed more and more to the point where most of their debt was funded by more debt. Citizens dont save more since borrowing is a simple and easy p
 
In the end, Usonia was completely out of fish. They borrowed more and more to the point where most of their debt was funded by more debt. Citizens don’t save more since borrowing is a simple and easy process. Most people just walk in wanting more money, and walk out with more money and debt. Although higher taxes create more jobs and government revenue, it discourages work and investment. Plus, individuals and private businesses use money more efficiently than the government. In today’s society, spending is almost the route to happiness. That is, people spend to make themselves and others happy. We can’t spend less, but perhaps we can spend smarter. The book’s message itself is very clear. If the U.S. keeps spending and borrowing freely, it will soon meet with hyperinflation and an even more severe economic devastation.


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