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To: america4vr

Look for a serious ramping up of inflation if we start”stimulating” the economy, especially with new or expanded “entitlements.” That is how governments welsh on their debts. Denominate the debt in dollars then shrink the dollars with which the debt is repaid.


7 posted on 01/17/2008 1:48:24 AM PST by arthurus (Better to fight them OVER THERE than to have to fight them OVER HERE!)
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To: arthurus

At this point with the deficitrunning amok,projections that the New Deal welfare benefits, can not be sloughed off to the next generation,the inflation you mention combined with an economic toxic brew of a uncredit-worthy, down-trending currency losing global confidence, and then wham!the sneak/stealth shot below the belt as a result of exponentially-increasing demand/corresponding diminishing supply crisis of oil, whew, you’ve got the makings of a great disaster film.


9 posted on 01/17/2008 2:42:35 AM PST by america4vr (The ebb and flow of empires have come and gone but America shall forever reign supreme.)
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