Comments on: Chrysler, Ford Riding Government Incentives to First Sales Gains in 2 Years http://www.peridotcapitalist.com/2009/08/chrysler-ford-riding-government-incentives-to-first-sales-gains-in-2-years.html Stock market and investing blog published by Chad Brand, Founder/President of Peridot Capital Sat, 11 Feb 2012 23:26:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: jturner http://www.peridotcapitalist.com/2009/08/chrysler-ford-riding-government-incentives-to-first-sales-gains-in-2-years.html/comment-page-1#comment-1621 jturner Wed, 19 Aug 2009 13:48:32 +0000 http://www.peridotcapitalist.com/?p=1401#comment-1621 While I agree with the claim that govt spending can stimulate the economy, I disagree that it is a worthwhile investment in this case. All this program is doing is changing the timing of the purchases of these cars. It is not creating any new demand for cars because it is not improving productivity or savings. And that to me is the basic problem with all the govt stimulus and bailout plans. They are all forms of money printing, and monetary priming only encourages malinvestment, and the greater the level of malinvestment, the less savings there are for productive, wealth-building activities. As such, I feel that one of one of the only ways for the average person to protect him or herself is by owning gold and gold related assets, as the gold price moves inversely to the value of the dollar, which is being debased every day by the govt. For a further discussion on these issues and more analysis, see http://www.goldalert.com/ While I agree with the claim that govt spending can stimulate the economy, I disagree that it is a worthwhile investment in this case. All this program is doing is changing the timing of the purchases of these cars. It is not creating any new demand for cars because it is not improving productivity or savings.

And that to me is the basic problem with all the govt stimulus and bailout plans. They are all forms of money printing, and monetary priming only encourages malinvestment, and the greater the level of malinvestment, the less savings there are for productive, wealth-building activities. As such, I feel that one of one of the only ways for the average person to protect him or herself is by owning gold and gold related assets, as the gold price moves inversely to the value of the dollar, which is being debased every day by the govt. For a further discussion on these issues and more analysis, see http://www.goldalert.com/

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