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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: steve harris who wrote (313726)	12/3/2006 5:56:56 PM
From: longnshort	Read Replies (1) \| Respond to of 1574494

or work in an Embassy in a foreign land

To: steve harris who wrote (313726)	12/3/2006 6:03:44 PM
From: combjelly	Read Replies (1) \| Respond to of 1574494

"Thanks to Reid and Pelosi, we may soon see a Carter repeat." If the Chinese stop buying our bonds and we can't cut the deficit, you might have a point. But it won't be because of Reid and Pelosi. High deficits that can't be covered by bonds means that they need to print money to cover the deficits. And that drives up inflation. And then interest rates need to be jacked up to decrease the inflation. You do how something about economics, don't you?