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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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To: Don Hernando de Las Casas

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

Probably not in the sense you mean it.

It would depend on why it happened and if there was confidence in the government.

If it was “kept in their pocket” it would be worse than if it were spent.

Velocity of money is more important than volume in existence.


73 posted on 05/09/2016 7:02:24 AM PDT by aMorePerfectUnion (BREAKING.... Vulgarian Resistance begins attack on the GOPe Death Star.....)
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