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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (34978)6/29/2005 2:49:37 PM
From: GST  Respond to of 110194
 
<Service the debt? All we have to do is print more money.>

This is the conclusion of many, and it is plausible, perhaps even likely -- but this is also a core reason why many people expect inflation to become a problem for the US despite a significant US real estate "correction". Printing money to cover deficits that are not offset by US savings is inflationary. If not, please explain.


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