paxjds

Printing Our Way to a Jobs Recovery?

Simple logic says for them(GOV) to forgive the debt by decree thus eliminating all interest and principle from the government books. That just leaves the QE fiat currency floating around doing is destructive force of inflation and currency debasement.


On Dec 12 08:51 AM Denis Gould wrote:

> Just had a conversation with my daughter about why QE is bad. Apart
> from the obvious "if leaves were currency it would take 3 deciduous
> forests to buy a hot dog" I'm not sure I explained anything really.
> If government's run deficits but finance them by issuing bonds which
> they then buy themselves then they only owe themself money. Going
> to need to think about this a bit more.

Inflation: Is This the Real Danger?

Get real Max, inflation is in some markets right now. Three years ago Irish Creame $19 a bottle, $24 now. A 12 pack of Ginger Ale was $3.33, now $4. Sirloin Steak was $4.99/#, now is $8.99/#. Gasoline is down, but OPEC is in process of correcting, and gasoline is heading up again. That will take the above items Higher. Auto's are down due to fear in the marketplace and job security. That will change quickly when employers start to hire again. Housing is down, but when that bottom is reached, housing will start to rise slowly to match the mixture of inflation, demand, and rising wages.

Five Impossible Thoughts After Breakfast

NO MO BAMA

I am Irish, and he does not deserve an O in front

Where is Bush, Bush, Reagan, Ford, even Nixon when we truly need them