To: HiTech RedNeck
"Face it buddy, no hard feelings, but more dollars out there in the streets mean they are going to be worth less, not more." Incorrect. Cash Dollars are trivial. There is just $800 Billion in U.S. cash money.
The rest is credit.
And there is 50% less credit today than in 2006.
27 posted on
08/06/2010 12:18:22 AM PDT by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: Southack
A dollar that can (and likely will) be readily got at and spent is out there on the streets. Bummer has pumped them out there through his favorite children, the unions and public servants. Without that, yes there would be a screeching deflation.
30 posted on
08/06/2010 12:20:55 AM PDT by
HiTech RedNeck
(I am in America but not of America (per bible: am in the world but not of it))
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