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The Library => The SGA => Topic started by: AUTailgatingRules on February 19, 2009, 12:26:20 PM

Title: When you start printing absurd amounts of money
Post by: AUTailgatingRules on February 19, 2009, 12:26:20 PM

Inflation is sure to follow.  Next we will start seeing Jimmy Carter type interest rates.

http://finance.yahoo.com/news/Wholesale-inflation-takes-apf-14410311.html (http://finance.yahoo.com/news/Wholesale-inflation-takes-apf-14410311.html)

Title: Re: When you start printing absurd amounts of money
Post by: AUTiger1 on February 19, 2009, 01:29:00 PM

Get ready for it.  This guy is going to make Carter look great.

Title: Re: When you start printing absurd amounts of money
Post by: Tarheel on February 22, 2009, 03:01:03 PM

Quote from: AUTailgatingRules on February 19, 2009, 12:26:20 PM

Inflation is sure to follow.  Next we will start seeing Jimmy Carter type interest rates.

http://finance.yahoo.com/news/Wholesale-inflation-takes-apf-14410311.html (http://finance.yahoo.com/news/Wholesale-inflation-takes-apf-14410311.html)

I don't know why the socialists are ignoring this inevitable result.  I was watching "The Georgia Gang" this morning (it's a local interest talking-heads program focused primarily on local politics in Georgia) and the token leftist on the program made a serious remark "we'll just have to print more money" when one of the conservative panelists was talking about how long we as a nation will be in debt due to this "stimulus plan" of The ONE.

They just don't get it.