[Will88]

Say $30,000. Now 30,000 is the new zero. Prices will rise to eat up the new-found money. The amount will have to be raised because of rising prices.

Not if the productivity gains from continuing automation and globalization (cheap labor) produce the products more efficiently. Supply and demand will still be in play and the new productivity paradigms should produce more goods and services with lower cost inputs.

[palmer]

Not if the productivity gains from continuing automation and globalization (cheap labor) produce the products more efficiently.

Ammendment to my previous post: Fed prints up the money and sends it to China. What could possibly go wrong??