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To: hubbubhubbub
"Printing FIAT does not create wealth. It creates DEBT!"

“Printing” fiat money helps creates wealth when the price of capital is too restrictive on investment, development and production.

34 posted on 11/19/2005 6:23:04 PM PST by elfman2
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To: elfman2
“Printing” fiat money helps creates wealth when the price of capital is too restrictive on investment, development and production.

Keep chugging that green Koolaid, and don't forget to pick up a wheelbarrow or two, for when Helicopter Ben starts tossing out his bales of money, as promised.

38 posted on 11/19/2005 8:05:37 PM PST by Travis McGee (--- www.EnemiesForeignAndDomestic.com ---)
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To: elfman2

“Printing” fiat money helps creates wealth when the price of capital is too restrictive on investment, development and production.


By your logic the Fed is screwing up by raising rates 9 straight times. Interest rates should always be zero.
There should be no cost of borrowing. That's incoherent but if that's how you think there's no sense debating with you.


61 posted on 11/21/2005 5:24:50 PM PST by hubbubhubbub
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