Wednesday, September 7, 2011

US-Europe-World Economy- Banks-Taxes-Jobs


1. Recessions are important and necessary? Governments should not interfere
2. Interest rate manipulation is not a good monetary tool to grow an economy. See Japan and now USA
3. Banks should charge service charges from depositors and people/ businesses in which they invest.
4. Banks should invest depositors money for Profit and Loss. Bank employees should have part of the profit and loss of the banks investments. Depositors should also share the profits and losses of the banks like the hedge funds.
5. Never tax trade and Never tax income
6. Tax un utilized/ un invested assets of the individuals and the firms
7. Let demand and supply work

Your comments are solicited on the above hypothesis.