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To: Little Joe who wrote (87795)	10/6/2008 2:29:57 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 116555

The US can easily do a hyper-inflate by having a one year tax holiday - just so long as the Treasury can find buyers for their paper to keep the government running. Of course this will make the downturn worse and longer lasting. This certainly wouldn't please those laden down with debt to minimize their tax burden - but it would appear to be a good deal for savers, apart from the currency debasement. .

To: Little Joe who wrote (87795)	10/6/2008 5:56:47 PM
From: Dan3	1 Recommendation Read Replies (1) \| Respond to of 116555

Re: You are right, but the fed creates money by creatng debt and the consumer can't absorb more debt. It seems to me for that to work they have to get more money into the hands of consumers and I guess it will be more rebates. Exactly! FICA Tax Holiday is what we need. For both businesses and consumers. Predefined to be at least 2 years to give businesses and consumers confidence that they're in for long term stability. Retroactive to the beginning of the year to send a burst of cash to companies with significant payrolls, that need cash now to make those payrolls.