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To: Gunslingr3
If the majority of the money supply came from nothing more than printing, we'd already have hyperinflation.
7 posted on 11/26/2003 11:25:59 AM PST by Moonman62
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To: Moonman62
If the majority of the money supply came from nothing more than printing, we'd already have hyperinflation.

We enjoy a scale, and present status as the world's reserve currency, that temporarily hides the egregiousness of the Fed's money creation in contrast with Weimar Germany. But we also have a new Fed Governor, and potentional chairman, named Bernanke who has made it public to the world they feel they can crank up the printing press whenever they see fit. That's not comforting if you have savings in dollars.

9 posted on 11/26/2003 11:48:27 AM PST by Gunslingr3
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