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To: Southack
Not my field, so let me ask:

If the printing presses at the US Mint run constantly and we issue lots of greenbacks, that would tend to be inflationary, right?

And if we sell $800B in US bonds to China, that is a debt and is deflationary, right?

31 posted on 03/08/2010 8:37:30 AM PST by ClearCase_guy (We're all heading toward red revolution - we just disagree on which type of Red we want.)
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To: ClearCase_guy

Yup.

Printing money is inflationary.
Going into debt is deflationary.


32 posted on 03/08/2010 8:40:36 AM PST by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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