SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Welcome to Slider's Dugout

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Fiscally Conservative who wrote (8080)2/27/2008 8:46:17 AM
From: RonMerks  Read Replies (1) of 50183
 
Re-'In the long run it is far easier to pay down Fed debt by hyper inflating(since debt instruments are mostly fixed rated'

I agree. I've been reading the discussion on Silicon investor on Mish's board where he keeps asking how there is any benefit to hyperinflating.

The only way the government will ever be able to repay it's massive debt is by paying back 'fixed' debt with cheaper dollars. And I think that's exactly what they are doing.

Slider has nailed it on the this elimination of any pretense of keeping a strong dollar policy. The gig is up and now the entire world knows it and thats why commoditys are flying.

I'm just curious as to how the Fed will keep a lid on this- now that everyone has acknowledge this inflationary environment.

Ron

Ps- Come on Sil-vuh!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext