re: #105 Killgore Trout

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.

While I haven’t run the numbers, we’re looking at a doubling or tripling of the national debt is a very short period of time. This implies a tremendous increase in the money supply. With the constant-dollar economy growing slowing at best, we get rampant inflation, with accompanying high interest rates. There’s only so much the Fed can soak up. Most of that spending hasn’t actually been done yet, so we could be in for a wild ride.