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To: sickoflibs

That article was pure BS, printing money has nothing to do wirh the economy, the housing boom or anything but creating inflation.

Our problems are and were created by easy credit which should never happen, ever.

If you can’t pay for it lay down in the street and die.


18 posted on 05/18/2009 6:36:08 AM PDT by dalereed
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To: dalereed; dennisw; org.whodat; rabscuttle385; calcowgirl; djsherin; genetic homophobe; ...
RE :” That article was pure BS, printing money has nothing to do wirh the economy, the housing boom or anything but creating inflation. ” (dalereed brilliance)

Did you just type : “ Printing money has nothing to do with the economy or the housing boom ” ? If printing lots of money had nothing to do with the economy why would the Federal Reserve under both Bush and Obama do it during economic slowdowns? Same with Nixon and Ford in 1970s? What is a bubble anyway? Mal-investment to defend against inflation! If interest rates were high/limited money supply, why would anyone risk investing in a bubble?

Try basic economics and less talk radio.

23 posted on 05/18/2009 7:23:19 AM PDT by sickoflibs (Obama /Pelosi/Bush Theme : "A dollar borrowed or printed is a dollar earned!")
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