Quote:
Originally Posted by dippin
1 trillion dollars of added cash in the system is nowhere near enough to cause hyperinflation. Especially in a situation where dollar is still the international reserve currency.
If anything, the problem is that the dollar has not been devalued enough, given the exchange account deficits.
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I'm talking printed money, not electronic money created through the sale of "debt" in the form of bonds. The actually money supply (printed plus electronic) has risen many trillions of dollars.
http://research.stlouisfed.org/fred2/graph/?s[1][id]=AMBNS
http://en.wikipedia.org/wiki/Money_supply
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Last edited by Cimarron29414; 09-24-2009 at 10:54 AM..
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