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User Info Heh, Someone Gets It (Buiter); entered at 2010-04-29 11:12:01
Murf
Posts: 4486
Registered: 2007-08-28 MurfCon Warning Level: Arrogance II
Gen wrote..
it is impossible to inflate out of a mess like this when you have social spending indexed to inflation

Yep, Bernanke admitted as much in his recent testimony when asked about "inflating our way out of our debt".

Last modified: 2010-04-29 11:12:26 by murf

2010-04-29 11:12:01