I've been clicking around the Interweb Tubes today, reading various viewpoints on the Fed's decision to print $600B and buy Treasuries. No one has brought our growth in regulations into the picture, but their thorough knowledge of interest rates, taxes and money supply got me to thinking. We don't even think in terms of building things any more. All we think about and discuss is money.
Most economic analysis is written from a banker's point of view. Nothing I've read is written from a business owner's point of view. It's as if we don't understand how one starts a business. As long as you can get a loan, it's all easy from there on out, right?
We've made borrowing money almost as easy as it can possibly be and still nothing is happening. Our impulse is to make it even easier to borrow money.
Money isn't everything.
1 comment:
Anyone would be nuts to start up a business till o and his minions are gone and you can see what you have to battle against.
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