RHSimard Wrote:
Jan 22, 2013 1:05 PM
It's a runaway train, all right, with 50.9% of the country leaning out the windows screaming with glee. The time bomb is ticking. For just one thing, the great bulk of the monetary expansion, euphemistically called quantitative easing, has yet to strike because that money is being held in check, not circulated. That can't last forever. Inflation won't hit Weimar proportions, but the tension has to be relieved, someday. Doesn't the left ever stop to wonder why, with all of Obama's various "stimuli," the economy isn't sailing along? Even with so much of that borrowed wealth going to his cronies, there still should have been enough to stoke the fires- IF the Keynsian theories the left considers dogma actually worked.