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

To: combjelly who wrote (489658)	6/21/2009 5:48:32 PM
From: i-node	Read Replies (1) \| Respond to of 1574249

You seem to have finally bought into the idea that deficit spending can result in inflation. No, dumbass. When you print money it results in inflation. Always. I could care less how you spend it. Yet, the deficit spending of the Bush administration resulted in little inflation, although it had started to ramp up in 2007, and modest economic growth. The Bush years, until '09, were not "modest". They were robust, and the deficit spending was reasonable compared with what we're seeing today. We will see inflation from the Bush printing money a year from now IMO. But there will be a sharp rise after that resulting from Obama's insane printing of money.