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To: libs_kma
Wait..the gubmint doesn't have it's own money. Just ours...

Oh, no. The Zerobama administration has discovered a brand new source of gummit money.

Just print it.

Of course, that dilutes the dollars in your wallet.

But who's counting?

71 posted on 07/28/2009 12:45:04 PM PDT by Ole Okie (American)
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To: Ole Okie

Inflation has been a tried and true method for dissolving federal debt for a long time, but this time it won’t work because the spread between owed and printable is too large. We cannot dissolve 10 trillion by inflating the money supply, and remain a viable nation of free people. But then, that seems to be the point of the democrat agenda they are rushing through while they have power.


72 posted on 07/28/2009 12:47:36 PM PDT by MHGinTN (Believing they cannot be deceived, they cannot be convinced when they are deceived.)
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