Comment

Obama Speaks Before Signing Spending Bill

376
razorbacker2/17/2009 1:04:28 pm PST

re: #350 picaro

If Obama believes that scads of money can just be printed without much ill effect, we will end up like Germany’s Weimar Republic. And we all know who came into power thereafter.

You there. Now just simma down. Think it through. Billions of dollars, if not trillions, have disappeared from home values and IRAs in just the past two years. Gone.

So you see, don’t you, that printing more money can’t be inflationary. Can’t. They’re just replaceing all those other greenbacks that have gone missing.

I don’t see what possibly could go wrong, here.