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Short on Money? Just print some... Easy-Peasy!
This
sums it all up in a nutshell.
For all you who think you can create
jobs with a health care system, or easing interest rates, this is what's
going on right now.. we are just printing the economy. No one's buying
the bonds that back up that printed money, they're just sitting there at the Treasury. Who isn't even trying to sell them.
To follow up on the
inevitable results, research 'Weimar Republic'. In case you dont get
it, the value of the dollar is not based on the barrel of oil, it's the
other way around. Just over ten years ago the floor price of oil was
$20.. 5 years ago it was $40, now it's over $80.
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