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To: Olog-hai

...the US is printing trillions and trillions of dollars and they’re worried about deflation?

That doesn’t make any sense.


16 posted on 02/03/2014 12:36:43 AM PST by Tzimisce
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To: Tzimisce
...the US is printing trillions and trillions of dollars and they’re worried about deflation? That doesn’t make any sense.

The world's economy is growing, and that requires more money to facilitate exchange of goods and services. The USA is acting as the world's bank. Such a bank can print money, but there still will be deflation, as long as the rate of printing is lower than the demand.

18 posted on 02/03/2014 2:26:46 AM PST by Greysard
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