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Response to abumbyanyothername (Original post)

Wed Oct 3, 2012, 02:57 AM

5. When the Federal Reserve simply prints more money

we get inflation. There needs to be some kind of control on how much money is printed.

Germany in the 1920's tried solving their economic woes by printing more money. And printing more money. And printing more money. After a while, it took a wheelbarrow full of money to buy a loaf of bread. Housewives would race to stores as soon as their husbands were paid to buy goods, before the prices went up.

Printing more money is only good in small increments at best.

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Arrow 11 replies Author Time Post
abumbyanyothername Oct 2012 OP
hollysmom Oct 2012 #1
HiPointDem Oct 2012 #2
newfie11 Oct 2012 #6
orwell Oct 2012 #3
Blecht Oct 2012 #4
LineNew Reply When the Federal Reserve simply prints more money
SheilaT Oct 2012 #5
HiPointDem Oct 2012 #7
davidn3600 Oct 2012 #8
abumbyanyothername Oct 2012 #9
HiPointDem Oct 2012 #11
Johonny Oct 2012 #10
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