Why are people concerned about Obamanism? We just have to print more money to pay for it, don’t we?
Posted on Aug 23, 2009 under Retire Rich |Keep those presses going 24/7 and we can all retire rich.
Worked for South America many times, as well as pre-WW2 Germany.
Crank those babies up!
Heck, liberals pretend that supply and demand do not matter all the time - what’s one more economic reality to ignore?
August 21st, 2009 at 8:57 am
yeah. i mean since inflation is a product of our imaginations and all.
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August 21st, 2009 at 8:57 am
Well if there is loan demand we can print our but off. Money is not backed by gold, money is debt and debt it money.
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August 21st, 2009 at 8:58 am
Worked for South America many times, as well as pre-WW2 Germany.
Crank those babies up!
Heck, liberals pretend that supply and demand do not matter all the time - what’s one more economic reality to ignore?
References :
August 21st, 2009 at 8:58 am
If only it were that easy. Printing more money drops the value of the US Dollar significantly, which will prevent other countries from doing business with us. It will also drive up the cost of goods, gas, etc.
To sum it up in two words: massive inflation.
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August 21st, 2009 at 8:58 am
Sadly, I am willing to bet there are people who will be high-fiving yo for that idea (even though you are being sarcastic) and be in total agreement.
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August 21st, 2009 at 8:59 am
Heck yea. Hey, what have you got for sale. I just printed some currency to pay for it. Talk to me.
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August 21st, 2009 at 9:05 am
no if u print more money it will eventualy become prity much wortless in china they printed so much money a doller is worth about 40 thousand dollers pounds roughly half
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August 21st, 2009 at 9:09 am
Health care reform needs to happen. It’s ok to borrow depending on the benefit received…Think temporary war in Iraq vs health care on our own soil…at least there is some benefit to us from it.
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August 21st, 2009 at 9:10 am
Making new money makes the old money worth less. It’s called inflation and it sucks.
http://en.wikipedia.org/wiki/Hyperinflation
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