To All The Liberals

[Monkeydad]

Originally Posted by mlmpetert

Well we are currently printing 800 billion more dollars to increase our monitized debt to 2.5 trillion-ish. So that 200 million (or what ever it is) a day will actually be more like 160 million in today's dollar.

Ben Bernanke (who im usually in agreement with,and a overall fan of) said it best:

"The U.S. government has a technology, called a printing press, that allows it to produce as many U.S. dollars as it wishes at essentially no cost."

Bernanke Playbook Gives Hints on Fed's Next Moves: Mark Gilbert - Bloomberg

First inflation we'll see = 5% rise in cost of FOOD. (per General Mills execs and those in food industry) They've already been suppressing price increases for 2 years just to try to keep customers.