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To: Les H who wrote (278203)9/23/2010 2:57:05 PM
From: DebtBombRespond to of 306849
 
We here said from day one....you cannot PRINT your way out....they are fools. It's all such a fricken sham.

How many jobs got created?

How is the housing market fixed now? With 20 million abandoned houses? Going on 30 million? Or how about 60 million?

How about 41 million on food stamps?

How about 22% unemployment, (the real number).

Did printing help or make things worse?



To: Les H who wrote (278203)9/23/2010 3:02:04 PM
From: THRead Replies (1) | Respond to of 306849
 
Les,

Great piece. Got a link?

Love this line.

<(The economic commentator Barry Ritholz has joked that core inflation is better called "inflation ex-inflation" -i.e., inflation after the inflation has been excluded.)>

GT
TH