re: #98 Son of the Black Dog

My fear is that the economy is going to come roaring back, much too fast, and that we’re going to be looking at inflation and interest rates on the scale of the Carter years. That could actually be worse for the majority of Americans than a long flat-bottomed recession.

That’s a very good point. It’s my understanding that too much growth too soon can result in inflation. The Fed is soaking up all the liquidity from their printing sprees a few months ago and that’s going to take take. I’m sure they’re working on a controlled and steady recovery.