[April Lexington]

Let me see if I understand the theory here... devalue the dollar (fancy word for inflation) folks go broke because they can't afford to live. Then the economy gets better? Brilliant, Krugman. Just brilliant. Your bearded sock puppet at the Fed is, to be frank, a moron.

[bert]

Or, devalue the US$, increase the price of imports and commodities, increase general prices, increase wages and incomes in a lagging manner, pay off the deficit in devalued dollars

A rising tide raises all boats. The boats tied to the pier on a short rope or at anchor will not rise. That would be banks and bond holders and creditors.

The procedure is classic governance since the beginning of time. Inflation is always the cure for failure of the governors

[Scotswife]

our local oil delivery co. set my budget payment so high this year I’ve already worked up quite a significant credit.
I was planning on asking them if I could skip December and use the cash for some Christmas shopping.
fat chance of that happening now.

Once again - our gov policy has caused our family to clamp down on ALL spending.