Re:Fed Pledges Top $7.4 Trillion to Ease Frozen Credit
by biohacker42 on Monday November 24, 2008 @03:48PM
(#375375)
This may indeed be the crisis that we can't spend out way out of.
First they will try to borrow all that money, when that doesn't work they will start printing money, that still won't work but it will have the added "benefit" of destroying savings thanks to hyper inflation.
First they will try to borrow all that money, when that doesn't work they will start printing money, that still won't work but it will have the added "benefit" of destroying savings thanks to hyper inflation.