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To: mysterio
Because you are diluting the supply of money

If you're not printing money to cover the deficit, and we're not, deficit spending has no impact on the money supply.

34 posted on 08/24/2007 6:12:43 PM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Toddsterpatriot

Deficit spending should be used in times of a serious recession to stimulate economic activity. Not in a time of full employment and extended growth.


37 posted on 08/24/2007 6:44:06 PM PDT by mysterio
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