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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (59913)2/23/2009 1:52:27 PM
From: JakeStraw3 Recommendations   of 224749
 
By that time inflation will be back in full force due to the Treasury flooding the market with debt to pay for all the social programs. They'll have to raise interest rates to attract buyer's who'll realize in order to offset the risk of holding paper - that is backed merely by printing press and little else - they need a higher rate.
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