Once again Matt Taibi shows why I wish I could manage to get his blog working in the blog list along side here. Does this worry you? Should it? Do you seriously think Republicans will handle it differently than Democrats? If I am wrong to be concerned, explain to me why.
Oh I know. It'll help our economy. Does it dawn on those claiming that, when a trillion dollars is printed with nothing behind it, that's why bread costs more in the grocery store? And with this kind of manipulative thinking, guess what, Social Security payments won't go up at all because the guys that calculate that say there is no inflation. Nope, none at all... unless, of course, you want to eat, pay rent, heat your house, have a phone, fuel your car, insure anything, but hey as long as you what you need is a new DVD, you're in good shape...
You cannot print dollars out of thin air and not have it impact the value of the dollars already there, can you? I am no major in economics, but this just doesn't make sense to me. Can anyone tell me why it should?
Why aren't more reporters covering this stuff?