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To: slowhandluke
"I agree. I think Schiff is right. Each time we've hit trouble, the Fed runs up the money supply."

Schiff is a mental midget who can't explain why expanding the money supply in 1990-19991 saw deflation in that recession, much less why printing lots of FDR give-away money in 1933 failed to bring about inflation.

31 posted on 02/06/2009 12:41:34 PM PST by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: Southack
So, printing lots of money should not have caused inflation in the Weimar Republic?

Or there wasn't any inflation in the 1980s in the US?

Inflation happens, and extra money floating around has something to do with it.

33 posted on 02/06/2009 12:57:37 PM PST by slowhandluke (It's hard work to be cynical enough in this age)
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