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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (60402)5/23/1999 11:39:00 AM
From: ForYourEyesOnly  Read Replies (1) of 132070
 
"You can print money, but you cannot create velocity with a printing press."

Could that result in a chain of events like:

1. Deflation
2. Gov't gets worried & prints money.
3. Money piles up & does not circulate.
4. Gov't panics and prints *way too much money*
5. Piles of money reach critical mass, and inflation appears "out of no where."

Stealth inflation attack.....

THC
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