Just a thought regarding the printing of money.
Q1. Name a major symptom of economic recession?
A1. Deflation in the value of natural currency.
Q2. Name a side effect of printing more money, specially during a period of deflation?
A2. Inflation.
Q3. Name the opposite of deflation
A3. Inflation.
So, you can can probably see why it might be done ;) ]
(, Thu 5 Mar 2009, 15:49, Reply)
I wish I had the time to get into this with you
can I fob you off with my previous waffling on the subject - which is unfortunately very relevant to todays finacial announcement
www.b3ta.com/links/236198
(, Thu 5 Mar 2009, 15:51, Reply)
I can't be arsed with this actual post, just I don't think printing more money helps at all.
(, Thu 5 Mar 2009, 19:35, Reply)