Tuesday, September 7, 2010

Fwd: 1937

From: larry.r.trout@L-3com.com
Date: September 7, 2010 1:37:04 PM EDT
To: <john2001plus@gmail.com>
Subject: 1937

The one problem that I have with the deflation argument is that we are on a different money system today.  Not only has the money supply tripled over the last 10 years, but if deflation becomes a real threat, and it won't, the treasury can and will print money.  Let's hope they pay off some of our debt if they do.  -JC

No comments:

Post a Comment