To: SeekAndFind
I took several courses in economics and monetary policy in college and I still barely have a clue how it works in the real world. I can only imagine what the average man or women on the street thinks about it.
4 posted on
06/03/2011 7:58:20 AM PDT by
apillar
To: apillar
It boils down to division. Which is why porkulous 1,2,now 3(they call it QE now) seems to work for inflation lovers. All values are divided by the denominating unit, in theory. People 'on the street' seem to think the government can just print money and 'it's all good'. People en masse have always been stupid. It's axiomatic historically.
5 posted on
06/03/2011 8:13:45 AM PDT by
allmost
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson