Quote Originally Posted by killerweed420
It will end up a combination of the 2. We'll be borrowing billions from China and plus the federal reserve will be printing more worthless paper. And then the fun starts. After they print more worthless paper thats when inflation starts kicking in along with the devalued dollar. Nobody's bothering to talk about that because its a year or so down the road.
Just today it was announced by the labor dept. an increase of .8% for January when it was predicted to be .2%. Hope and Change
McDanger Reviewed by McDanger on . Someone explain how putting our country $800 billion in the hole will help us. Ok, so I am a bit of an economic retard. I don't know much about the economy or finances or all that jazz. What I do know however, is that the value of our currency is directly related to the amount of currency in circulation. I also know that the value of our currency is slipping. From what I have heard, the purpose of Obama's stimulus package is to save the banks and thus the entire economy from collapsing. So now here is my question. Actually it is a series of questions. Where the Rating: 5