Sunday, December 14, 2008
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- Tomas Estrada-Palma
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About Me
- Name: Tomás Estrada-Palma
- Location: Annapolis, MD, United States
Let entrepreneurs into Cuba, keep the tax low and watch the economic explosion happen. Whenever there are more jobs than workers the wages and benefits are driven upward. That's because entrepreneurs compete for a limited supply of workers. Those who lose the competition will not be as successful because they can't grow without more laborers. Finally, the first modern society on the planet will be populated by people who are neither slaves to the pharaohs of industry nor government. Cuban workers will have the best job security in the world!
2 Comments:
Mr. Estrada,
have you heard of "Quantitative Easing" of the economy? NPR was talking about it this morning . . .
BTW, I heard your radio show. Look forward to your next one...
Yes. It's gobbledygook for print more fake money to stop prices decreasing due to deflation, i.e. a dropping of the supply of money in circulation. The Federal Reserve is almost giving away free money, no interest to stop the collapse in prices. They will fail.
Thanks for listening to the show. Now much happening this week and I had a brief show. We'll see about next week. Call in if you like.
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