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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST
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To: THE ANT who wrote (109852)1/18/2015 9:41:29 PM
From: Elroy Jetson  Read Replies (3) of 217592
 
Too much spending causes inflation. Not enough spending causes deflation, which is where we're at now. As a consequence the Fed can easily monetize the entire the entire national debt, which will merely prevent unemployment from reaching 30%, without causing inflation.

There's no absolute rule in economics, it's all relative to what's going - the conditions on the ground, the military might say. Which is why an economist might say something is true, ceteris paribus, meaning holding all other things constant.
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