Posted by sigismund on August 16, 2011, at 17:39:42
In reply to Re: And someone else for me to worry about...., posted by floatingbridge on August 16, 2011, at 15:08:04
>Printing more money to play politics at this particular time in American history is almost treasonous
I thought the idea was that (if we accept that defence is immune to cuts, the deficit cannot be increased and taxes cannot be raised) the best way out for the indebtedness was to inflate the currency? Which is presumably why the gold price.....
I cannot read US politics. I don't understand the no doubt interesting subtexts.
Loading the blame for the financial crisis onto the backs of those who did not cause it and who are least equipped to cope with it is (what's the word?) a bad thing. I realise treasonous would be an inapropriate because these people don't count.
poster:sigismund
thread:990795
URL: http://www.dr-bob.org/babble/poli/20090821/msgs/994048.html