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


To: HPilot who wrote (679494)10/18/2012 4:37:15 PM
From: combjelly  Respond to of 1573434
 
Only in the long term does it hurt. But initially it is stimulative. Which is why it is a favored tool to jumpstart an economy in recession. It usually works.

Continual deficits will lead to inflation. We were starting to see signs of it towards the end of Bush II's 2nd term. But then a $3 trillion hole was blown in the economy and that problem was "solved"...