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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: goldworldnet who wrote (228614)11/19/2007 5:55:37 PM
From: LindyBill  Read Replies (2) | Respond to of 794315
 
Fiat money is a justifiable evil as long as there isn't too much of it.

The Fed finally learned how to balance the amount issued to the growth in productivity. Plus the overseas demand. As long as they keep it balanced, 2% inflation. That's the figure it seems to take to keep things on an even keel. It's an art, not a science.