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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 (58182)1/28/2009 10:59:57 PM
From: lorne1 Recommendation  Read Replies (2) of 224759
 
I hope you are correct...but putting trillions of new dollars on the world currency markets just does not sound like a good idea...It is my understanding that there is not really another option to fight deflation other than inflation which is I believe an increase in fiat currency supply.

Maybe the government should just abolish the federal reserve and print the money themselves, that way citizens would not have to pay back loans from the central bank...a private organization... No taxes. :-)
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