To: dirkdavies68
Welcome to FreeRepublic.
My take: Sooner or later the Federal Government (and many State governments) will conclude that a burst of hyperinflation will be in their best interest.
They want to pay back debt with cheaper dollars. They want to pay Social Security and government pensions with cheaper dollars. (They figure that COLAs will not, indeed cannot, keep pace)
2 posted on
01/10/2006 5:21:51 PM PST by
BenLurkin
(O beautiful for patriot dream - that sees beyond the years)
To: dirkdavies68
I guessed I missed something as I thought the growth rates of money aggregates (M1, M2 and M3) were required by law.
7 posted on
01/10/2006 8:19:32 PM PST by
K-oneTexas
(I'm not a judge and there ain't enough of me to be a jury. (Zell Miller, A National Party No More))
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