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To: Cogito Ergo Sum who wrote (45155)11/24/2008 12:44:10 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 71692
 
Given the deficit in the United States and other countries , if they do what has been suggested in the article the only way out may be to print more money to service the debts created. The result may be a period of intense inflation which would be just as effective at destroying real wealth on many people around the world.

It really is a fine balancing act. We saw a form of this with Reganomics. After Regan left office, the US had the most intense recession we have seen in recent history. It was only ended by the surge in spending for Y2K that cause the tech boom and bust.