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Politics : Formerly About Advanced Micro Devices
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To: RetiredNow who wrote (316640)12/20/2006 11:21:52 AM
From: Taro  Read Replies (2) of 1586076
 
When you print more and thus diluting the money supply, inflation follows.
No good for those saving $$$ or on the collectors side of $$$.
Pretty good for those who owe massive amounts of $$$, however.

All good old Milton Friedmann stuff.

But - the guy yelling to collect, he got his (fiat) money.

Taro
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