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    • Mon Jan 14th 11:53 AM | Rating: 0 0
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      How to Avoid a Recession: Cut Down on Foreign Oil
      I'm curious, what do all those foreigners do with the dollars? If it doesn't come back into our economy, where does it go? Why would anyone outside the U.S.A. want a dollar if it can't be reinvested in the United States?

      A recession is a time of eliminating malinvestment. Avoiding it with easy credit policies means more bad investment and higher inflation as the Federal Reserve injects more "liquidity" (i.e. creates more dollars) into the economy. Attempting to avoid recessions is what got us into this mess in the first place.
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