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To: mysterio
Because deficit spending can and often does lead to inflation.

Only if the shortfall is printed rather than borrowed. We don't do that here. Try again?

You don't belong to the Clinton/Rubin school, do you? Do you believe a lower deficit will reduce interest rates?

25 posted on 08/24/2007 5:42:59 PM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Toddsterpatriot
The money being borrowed is actually being spent for something, right? I'm not sure how you can argue that extended deficit spending is not going to lead to inflation.
28 posted on 08/24/2007 5:47:26 PM PDT by mysterio
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