Discussion in 'Economics' started by morganist, Jun 3, 2011.
China to block US QE
They could solve this problem by having an actual currency of their own.
Maybe one day, they will.
Utah is headed in the correct direction. Fiat currency makes it too easy to mask the real problem, real productivity. Just printing more money and making it look like something got done vs. making it look good, only works for so long. Social transfer payments should be cut all the way down. The private sector should just be left alone. Government spending has to stop except for basic services. In the attempt to spread the financial contaigent from the mortage crisis the economic toxicity is returning. The bill has to be paid.
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