THE PROFESSOR SAYS...LINK HERE TO EXCELLENT ARTICLE ON INFLATION
What THEY are trying to do is circulate MORE $'s, cause INFLATION (don't listen to what THEY say) and by doing so hopefully cause WAGE inflation (not happening) and with so much manufacturing SLACK that kind of inflation ain't happening either IMHO....so if you boorow a set amount of money and need topay off your debt.....now all of a sudden you got more $'s to do it.
The FLIP SIDE is DEFLATION, where $'s are scare, sacred....and what do you need to pay off debt? $'S.....you also get DEFAULTS....what does that do to $'S?....DESTROYS THEM
Duratek...we're headed down the wrong damn road!
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