Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (16765)	4/8/2008 8:58:29 PM
From: Bread Upon The Water	Read Replies (1) \| Respond to of 149317

I don't know if either candidate knows how to stop the printing presses which keeps turning out toilet paper--opps I mean dollar bills. I read an estimate the other day that the monetary supply has increased by 70% since 2002. We don't for sure because the government in its wisdom has stopped publishing the 'M3" figure. Dismal Scientist, can you shed any light on this? PS. Everyone buy some gold & oil stocks.

To: michael97123 who wrote (16765)	4/8/2008 9:39:22 PM
From: RetiredNow	Respond to of 149317

We're already in a box of Bush's making. Now we're trying to get out of it. When the dollar is strong, we can afford to borrow more to stimulate the economy. But when the dollar is in the toilet and is in imminent danger of losing its reserve currency status, we cannot borrow more for fear that the dollar will collapse and hyper-inflation will reign. I understand your point, but you are using tools that worked when the economy and dollar were on MUCH sounder footing. We no longer have the luxury of stimulus through borrowing. It will kill the goose.