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Billion is the new 100,000


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I'm watching some Irag doc on Sundance, 'No End in Sight", and it's making my unemployed state of mind crazy.

they're throwing around $$ figures about the amount spent/ wasted/ invested...

and now the economic package/ bailout thoughts come to me.

 

Is it all monopoly money????

 

I remember when I was a kid, and had trouble reconciling the fact that if theres a national deficit, or general money issue, why didn't they just work some OT at the federal resrve and print more money?

I guess it's more complicated than that.

All I know is I need a J O B.

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I remember when I was a kid, and had trouble reconciling the fact that if theres a national deficit, or general money issue, why didn't they just work some OT at the federal resrve and print more money?

 

I used to think the same thing as a kid. Why don't they just print more money and give it to everyone so people wouldn't be poor. Apparently if you print lots more money to solve economic problems it makes the money less valuable and adjusts itself so a loaf of bread would cost $3,000. Although, don't quote me on this, I think they actually did print more money somewhere amidst all this bailout stuff.

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I used to think the same thing as a kid. Why don't they just print more money and give it to everyone so people wouldn't be poor. Apparently if you print lots more money to solve economic problems it makes the money less valuable and adjusts itself so a loaf of bread would cost $3,000. Although, don't quote me on this, I think they actually did print more money somewhere amidst all this bailout stuff.

 

You got the basics right. You print more money, you cause inflation. The more money you print, the bigger the inflation. The reason people are opposed to printing money.

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