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To: Dead Corpse
It does however devalue the our legal tender by just “printing” more bills backed by nothing.

The Fed doubled its balance sheet since last summer. Did prices double? What did oil and gas do when the Fed "printed" all this new money?

173 posted on 01/28/2009 8:23:47 AM PST by Toddsterpatriot (Havoc has been back since September. Or was it April?)
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To: Toddsterpatriot

Hey... looky there! Inflation grew. Nice going Ace...


175 posted on 01/28/2009 8:25:16 AM PST by Dead Corpse (What would a free man do?)
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