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To: Eric Blair 2084
As a Milton Friedman monetarist, you undoubtedly understand the dangers involved in the increase in the velocity of money.

With so much new money in the system this year, inflation will be on our heels in no time.

35 posted on 09/30/2008 10:42:12 PM PDT by April Lexington (I'm voting for McCain in 2008 and Jefferson Davis in 2012)
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To: April Lexington

If this pace of government spending keeps up, it won’t matter where anyone puts their money.

They can put their 400k under the mattress, when they take it out in few years it will only buy a pack of gum.


36 posted on 09/30/2008 10:52:54 PM PDT by Eric Blair 2084 (Alcohol, Tobacco and Firearms shouldn't be a federal agency...it should be a convenience store.)
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