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To: baltimorepoet

“One thing I’ve wondered about for a long time, is if the US printed $19 trillion to cover the national debt, what would be the rate of inflation, compared to now?”

Common misunderstanding.

Inflation does not arise from money printing, but from a lack of confidence in government (which grows daily). The historical massive printing occurred after confidence disappeared and inflation began.


44 posted on 05/09/2016 6:40:42 AM PDT by aMorePerfectUnion (BREAKING.... Vulgarian Resistance begins attack on the GOPe Death Star.....)
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To: aMorePerfectUnion

So if the G printed enough cash so that every American had 10 million in his pocket, prices would not rise?


70 posted on 05/09/2016 6:57:16 AM PDT by Don Hernando de Las Casas
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