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To: processing please hold
The govt doesn't "turn out dollars as fast as they can print them." (They sort of tried that when Carter was President.) The folks who turn the crank have a good idea what the pain threshold is (about 5% inflation), and for the most part they try to observe it. That is what keeps the dollar from crashing.

ML/NJ

83 posted on 05/30/2007 9:54:42 AM PDT by ml/nj
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To: ml/nj

>>>>”turn out dollars as fast as they can print them.”

So that is propaganda then?

It is very hard to sort through what is and isn’t true if one doesn’t have a background in this stuff.

Thank you!


84 posted on 05/30/2007 10:11:03 AM PDT by Calpernia (Breederville.com)
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To: ml/nj
The govt doesn't "turn out dollars as fast as they can print them."

Thank you. Does the Fed. Reserve get it's marching orders form the Treasury, vice versa, or are they both independent from one another? One of those have to be top dog.

86 posted on 05/30/2007 10:21:32 AM PDT by processing please hold (Duncan Hunter '08) (ROP and Open Borders-a terrorist marriage and hell's coming with them)
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