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Politics : The Donkey's Inn

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To: TigerPaw who wrote (3701)4/17/2002 3:14:37 PM
From: Mephisto  Read Replies (1) of 15516
 
Deficit spending by the government always leads to inflation. TP "

I was waiting for Paul Krugman to write about inflation and deficits, but I don't believe he has written
a column about the problems recently so I thought I'd ask you! (LOL).

I heard that one of the problems that caused the former USSR to collapse was its massive budget
for military spending, and the government spent more than it collected so there were huge deficits.
To counter the problem, the government printed more money and inflation increased. I guess what
I'm trying to say is that I worry, prematurely, that Bush may put the United States on such
a path.
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