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


To: combjelly who wrote (478963)5/7/2009 6:50:54 PM
From: Tenchusatsu  Read Replies (2) | Respond to of 1573682
 
CJ, I love how our elected officials, with the full support of the left-wing economists in the mainstream media, think they can play Fast and Furious with monetary policy.

Deflation today, hit the accelerator, inflation tomorrow, hit the brakes. Yeah, the economy is going to LOVE the whiplash effects ...

Tenchusatsu



To: combjelly who wrote (478963)5/8/2009 2:30:17 AM
From: Joe NYC  Read Replies (2) | Respond to of 1573682
 
cj,

For the Republicans on the thread, this means they've already decided that the bonds aren't going to sell. So they decided to print the money. And, for the economically challenged, that means inflation. Now, we are in a deflationary phase right now, so a little inflation isn't a bad thing. But that will only be true for a little while. And they know that too. Why do you think the tax havens suddenly became an issue?

Clearly, once Obama's taxing and spending policies are in place, there will a rush to the exits.

Joe