 pogPremium
join:2004-06-03
Kihei, HI
 ·Hawaiian Telcom
| reply to pnh102
Re: $700 billion could also... said by pnh102:The government will do what all governments do when they can no longer borrow money. They will simply print it. At the staggering numbers we're talking about, how far away is hyperinflation? What are good hedges?
For those that don't know...
»en.wikipedia.org/wiki/Hyperinflation
The main cause of hyperinflation is a massive and rapid increase in the amount of money, which is not supported by growth in the output of goods and services.
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 pnh102Reptiles Are Cuddly And PrettyPremium
join:2002-05-02
Mount Airy, MD | Oh, I know it will be horrible in terms of inflation. I was just making it clear that the government will be printing the money as opposed to borrowing it or redistributing tax revenue.
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