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29 Jan 09 Is it sound economic policy for bush to be flooding the US with massive amounts of counterfeit money?

Steve O asked:


Can he really prevent his seven-year recession from sliding into a full-blown depression in his last year using this dishonest tactic?

It doesn’t appear to be propping up the faltering stock market any. All it has done is devalue the dollar to historic lows. If bush continues to print even more funny money in a desperate attempt to fix the economy, will the US experience the kind of nation-wrecking hyperinflation that Germany did in the 1920’s?

Lourdes

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