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Weapon-x
Tue 16th Jan '07, 10:40pm
1. Well when you think of a company and build a company you offer certain goods. But theirs all these companies out their that dominate the market. So can you still succeed in America with a company that can dominate over the rest? Think about it for a second.



2. How are young people coming out of college supposed to live anymore? All the prices for everything are going up. Gas, Cost of living is outrageous, Food, Cars. Etc… How are people suppose to live when they come right out of college. Is the world going into inflation where the dollar value is going up?

Chousho
Tue 16th Jan '07, 11:37pm
1. Well when you think of a company and build a company you offer certain goods. But theirs all these companies out their that dominate the market. So can you still succeed in America with a company that can dominate over the rest? Think about it for a second.



2. How are young people coming out of college supposed to live anymore? All the prices for everything are going up. Gas, Cost of living is outrageous, Food, Cars. Etc… How are people suppose to live when they come right out of college. Is the world going into inflation where the dollar value is going up?



I took a macro economics class and many of these issues were addressed.
Basically, the Federal Reserve controls inflation and interest levels (I might be remembering this wrong, so anyone with knowledge correct me). If inflation gets too high, interest levels rise. This causes unemployment, and then inflation goes down enough (hopefully not low enough for a recession).

If there is too much unemployment, banks and corporations are given back their investments they made into the government (bonds, etc). With all of this money, the interest rates are lowered and more money starts to flood the market again. This is basically the roller coaster of money. Keep in mind, this is a _very_ simple explanation of it.

How do people coming out of college survive? That is a self answering question. Going to a college means you are specifying in a concentration of study. At the end, you should be well learned enough to find a job where you can benefit the company, and in return get good pay.

My professor said that America resembles an oligopoly to a degree, but I believe this is mostly for larger cities (which means he was right for the macro part). If you wish to create your own business, I would say to first plant yourself in a big business that does what you're interested in pursuing. That is, if you are interested in creating your own company of computers, get a job at Dell to become accustomed to what goes on, and what needs to go on.