Walter Meester
HoogkarspelPays-Bas
"A government which spends what it hasn't got to spend will cause hyper-inflation to come upon its people in due time."
That is demostrable false. About all governments spend more than they have got. Als long as its under control and de GDP rises % with the debt, there is no hyper inflation involved.
>The Weimar Republic of Germany in the 1930's and Argentina in the 1980's are two examples, and maybe a third would be Zimbabwe. We ARE headed toward hyper-inflation which will rob money value from all, but will hurt the poor and middle class more than anyone else.
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>Cecil
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>>Hardly - Obama unlawfully attempted to take monies recouped from the TARP bailout to fund a 2nd stimulus....despite FEDERAL LAW stating that recouped $$$ would go towards paying down the deficit.
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>>And even beyond that, TARP will have an adverse ripple effect for years. If you don't believe me, talk to any financial advisor.
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