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To: Steve495

Refreshing Milton Friedman bump!

His points on healthcare (10 years ago) are right on the button.


11 posted on 09/02/2010 11:08:05 AM PDT by Hop A Long Cassidy
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To: Hop A Long Cassidy

The govt will spend what ever it can get in tax and whatever it can get for issuing bonds and other obligations.
We have acquired a debt that we can’t grow or tax our way out of. That leaves only on alternative..inflate. The Fed is trying that, but that so far isn’t working. QE is the only weapon they have now and that will only succeed by overshoot into big inflation.


13 posted on 09/02/2010 11:13:52 AM PDT by Oldexpat
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