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Re: Nope I didn't write this

This is all verified truths. The federal reserve is a progressive idea, playing with the money supply to pay off debts is a progresive idea. But the downside risk is huge. Once they print so much, no one, especially China will buy treasury bills, and then the government will only get COD terms. All of the deficit spending will come to a screaching halt because who is going to be willing to sell a good or service for a worthless piece of paper. If this craziness is not stopped soon, we will have $7 gasoline and $5 bread. God help us all.
This is CABL.com posting #257748. Tiny Link: cabl.co/mbfdo
Posted in reply to: Nope I didn't write this by sab3r
There is 1 reply to this message
Re: Nope I didn't write this l8rb 6/17/2009 6:33:21 PM