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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (60402)5/23/1999 11:39:00 AM
From: ForYourEyesOnly  Read Replies (1) | Respond to of 132070
 
"You can print money, but you cannot create velocity with a printing press."

Could that result in a chain of events like:

1. Deflation
2. Gov't gets worried & prints money.
3. Money piles up & does not circulate.
4. Gov't panics and prints *way too much money*
5. Piles of money reach critical mass, and inflation appears "out of no where."

Stealth inflation attack.....

THC



To: Knighty Tin who wrote (60402)5/23/1999 11:47:00 AM
From: Don Lloyd  Read Replies (1) | Respond to of 132070
 
MB -

Money Supply -

dismal.com

Economic danger -

dismal.com

Business PC's -

dismal.com

Regards, Don