Quote:
Originally Posted by dogzilla
Of course not. When the government runs out of money, it just prints more and that adds to inflation. Governments have to live within their means too.
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Well, considering the American economy is at a real risk of deflation, this might not be such a bad idea. Actually, maybe that's one of the main reasons why Bernanke might go through with the quantitative easing. It's preferable to have a modest inflation rather than problematic deflation.
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Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
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