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The Water Cooler
Stupid Stuff
Answer to Inflation and Bad Economy: Government Mandated Price Fixing: Yes or No?
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<blockquote data-quote="alank2" data-source="post: 3785707" data-attributes="member: 108"><p>I know nothing of economics, but my guess is that all the money printing has to stop. America has to get its financial house in order. We are in massive debt. This seems to be the game that all first world countries are doing, all of them are in terrible debt due to their pay for everyone who doesn't want to work liberal policies. I think they are playing with fire.</p><p></p><p>You can't have a resource "money" which has a tangible value "buying power" and then just make up more of it without at the same time lowering its tangible value. When it is worth less, then prices for real things go up resulting in inflation. How to stop inflation? I suppose the tangle value "buying power" of the dollar has to go up and be worth more instead of worth less! Can they unprint money? When they print money, where does it go? Who gets it? Somebody right?</p></blockquote><p></p>
[QUOTE="alank2, post: 3785707, member: 108"] I know nothing of economics, but my guess is that all the money printing has to stop. America has to get its financial house in order. We are in massive debt. This seems to be the game that all first world countries are doing, all of them are in terrible debt due to their pay for everyone who doesn't want to work liberal policies. I think they are playing with fire. You can't have a resource "money" which has a tangible value "buying power" and then just make up more of it without at the same time lowering its tangible value. When it is worth less, then prices for real things go up resulting in inflation. How to stop inflation? I suppose the tangle value "buying power" of the dollar has to go up and be worth more instead of worth less! Can they unprint money? When they print money, where does it go? Who gets it? Somebody right? [/QUOTE]
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Answer to Inflation and Bad Economy: Government Mandated Price Fixing: Yes or No?
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