Quote:
Originally Posted by Angry
Another boogeyman in the closet.
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Except this one is real, and:
- is a major contributing factor in inflation
- is a major contributing factor to rising costs of borrowing money (interest rates go up)
- is the primary contributing factor to reduced yields on short term investments, such as money market funds
Governmental spending is the proximate cause of all of this and must be curtailed or the piper will come calling in the form of much higher taxes.