Basics in Economics

The long awaited question of are we on the right path is being answered now.... so shut up and listen cause this might be the only great advice you'll get from anyone. Look around yourself today and what do you see? People with degrees working at places you couldn't even imagine. Un-educated people walking around the streets, these are the people who are not able to make the correct decision given so many resources. With the way the economy is going we are going to be hitting a recession soon. Higher interst rates... when has that ever helped the economy? So here is a little lesson in Economics. Say you raise the Interest rates, your aggregate demand curve shifts to the left, meaning this raise in interest rates is affecting two things, the consumption area of the curve and the investment sector. Given higher interest rates NO one would like to take a chance and get that new car NO company would like to spend money on expensive capital.... NO one would like to spend and hence if everyone is saving we are all getting screwed cause there is really no money injected by the consumers in the economy....

Since when has higher interest rates helped get rid of recessions? Actually Monetary policies are not the ones that need activation at this point in time... it is the FISCAL POLICIES that need attention especially the government spending in the wrong direction... i swear man.

Now a word of advice to the people that are out there... quit wasting money on foolish things... look around yourself for all the resources you have... because it is in the near future that you will be differentiated against... take my word for it... the world will split between two thinkings and only one way of thinking will lead to your success... take my advice... be very cautious as to which way of thinking you choose i have already studied this subject indepth and it is time to apply it.... Good luck everyone....