To: AndyJackson; groanup; expat_panama
In short, when the government is short of funds it prints it.If that's what you think, I can't help you.
85 posted on
11/21/2007 9:01:07 AM PST by
Toddsterpatriot
(What came first, the bad math or the goldbuggery?)
To: Toddsterpatriot
If that's what you think..."Believe", "feel", "decide" maybe, but "think" may not be the operative word here...
To: Toddsterpatriot; AndyJackson
"In short, when the government is short of funds it prints it."
If that's what you think, I can't help you.
If there is no money printing, how does currency in circulation and the monetary base increase over time? Do you think Bernanke and Paulson are out there with shovels digging up $100 bills out of the ground?
To: Toddsterpatriot; expat_panama; Travis McGee
In short, when the government is short of funds it prints it. ....If that's what you think, I can't help youNow, on the one hand I have Toddsterpatriot, who says the government doesn't print money to help fund itself.
On the other hand I have Alan Greenspan who tells us that that is exactly what the government does.
Who to believe - Toddsterpatriot or the former Chairman of the Federal Reserve Board. It's tough. Expat tells me I cannot think. So expat tell me. Who is right on this point? Greenspan or Toddsterpatriot?
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