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 $100 bills out of the ground?
To: dollarbull
If there is no money printing, how does currency in circulation and the monetary base increase over time?Yes, the Fed increases the money supply. Do you agree that “The real problem with the US$ as a reserve currency is that whenever the US government has been running a bit short it just prints some more”?
92 posted on
11/21/2007 10:38:12 AM PST by
Toddsterpatriot
(What came first, the bad math or the goldbuggery?)
To: dollarbull; Toddsterpatriot
how does currency in circulation and the monetary base increase over time Bank credit. You can't grow the economy without it.
176 posted on
11/21/2007 6:58:54 PM PST by
groanup
(Lawyers never create anything, especially wealth, but they sure steal a lot of it.)
To: dollarbull; Toddsterpatriot; Andrew Jackson
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? No, silly.
Ask any Democrat. Money grows on trees and you fleece harvest it from taxpayers!
Cheers!
Oh, and Happy Thanksgiving.
212 posted on
11/22/2007 11:26:13 AM PST by
grey_whiskers
(The opinions are solely those of the author and are subject to change without notice.)
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