lambdo Posted July 2, 2010 Report Share Posted July 2, 2010 I still don't get why more stimulus is bad for the economy? The U.S could print trillions of dollars and only have it devalue its currency..inflation isn't going to do away with the greenback. Guaranteed(or more then likely) they will have takers of all the debt notes. So..my question is what if the U.S announced 100 trillion in stimulus? Wouldn't all the G20 respond by stimulus in the same fashion? (to ensure change in currency doesn't detract from import/export) Then who cares how much money is printed off? If inflation (or devaluation )isn't an issue? Link to comment Share on other sites More sharing options...
Westside Steve Posted July 3, 2010 Report Share Posted July 3, 2010 I still don't get why more stimulus is bad for the economy? The U.S could print trillions of dollars and only have it devalue its currency..inflation isn't going to do away with the greenback. Guaranteed(or more then likely) they will have takers of all the debt notes. So..my question is what if the U.S announced 100 trillion in stimulus? Wouldn't all the G20 respond by stimulus in the same fashion? (to ensure change in currency doesn't detract from import/export) Then who cares how much money is printed off? If inflation (or devaluation )isn't an issue? Hey it worked well for the Weimar republic. WSS Link to comment Share on other sites More sharing options...
Mr. T Posted July 5, 2010 Report Share Posted July 5, 2010 How about the economy of Zimbabwe? Until early 2009, the Reserve Bank of Zimbabwe routinely printed money to fund the budget deficit, causing hyperinflation. HERE The power-sharing government formed in February 2009 has led to some economic improvements, including the cessation of hyperinflation by eliminating the use of the Zimbabwe dollar and removing price controls. The economy is registering its first growth in a decade, but will be reliant on futher political improvement for greater growth. Link to comment Share on other sites More sharing options...
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