....? How is obamacare going to cause hyperinflation? Even conservative economists will call that idea insane.Yeah, because inflation is definitely climbing faster then we can manage it.. NOT.Obama's Zimbabwe plan.
Give Obamacare about ten years...it will
Uneducated OP doesn't understand establishment press.
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....? How is obamacare going to cause hyperinflation? Even conservative economists will call that idea insane.Yeah, because inflation is definitely climbing faster then we can manage it.. NOT.Obama's Zimbabwe plan.
Give Obamacare about ten years...it will
Notice the Zimbabwe photo. Sorry if I assumed you meant that. The program's you mention have fixes available, especially SS, the problem is, politicians won't do anything and are still afraid of debt. Inflation is going to happen regardless, and it's not that hard to control. Of course you can't simply print money, well, I lied, you can, and if the debt ever got close to defaulting, we could manage it without killer inflation. It's not going to default though, because economists, well, read the OP.....? How is obamacare going to cause hyperinflation? Even conservative economists will call that idea insane.Yeah, because inflation is definitely climbing faster then we can manage it.. NOT.Obama's Zimbabwe plan.
Give Obamacare about ten years...it will
I never used the word hyperinflation, medicare and medicaid (along with Social Security and interest on debt) rise with inflation so the cost of covering national debt's interest rates would rise, the fear isn't default the fear is inflation. As costs go up more money is printed and the value of the dollar will fall. The result is Congress couldn't authorize reimbursements for instance, Social Security would exhaust itself and the standard of living for Americas would be drastically reduced.
You simply cannot just print money to pay debts, there are repercussions...inflation being the most feared and a worthless dollar
Notice the Zimbabwe photo. Sorry if I assumed you meant that. The program's you mention have fixes available, especially SS, the problem is, politicians won't do anything and are still afraid of debt. Inflation is going to happen regardless, and it's not that hard to control. Of course you can't simply print money, well, I lied, you can, and if the debt ever got close to defaulting, we could manage it without killer inflation. It's not going to default though, because economists, well, read the OP.....? How is obamacare going to cause hyperinflation? Even conservative economists will call that idea insane.Yeah, because inflation is definitely climbing faster then we can manage it.. NOT.Obama's Zimbabwe plan.
Give Obamacare about ten years...it will
I never used the word hyperinflation, medicare and medicaid (along with Social Security and interest on debt) rise with inflation so the cost of covering national debt's interest rates would rise, the fear isn't default the fear is inflation. As costs go up more money is printed and the value of the dollar will fall. The result is Congress couldn't authorize reimbursements for instance, Social Security would exhaust itself and the standard of living for Americas would be drastically reduced.
You simply cannot just print money to pay debts, there are repercussions...inflation being the most feared and a worthless dollar
Tell that to Alan greenspan and many others. I trust them over some random internet poster.
Oil prices and deficit reduction will do that. I wasn't aware we controlled oil prices in the 70s.
High inflation with high unemployment and slow growth. Think back to the deficit reduction, which slowed growth, and raised unemployment.. The oil prices had a large affect on this you know. Completely different from what the OP is about.
Greenspan, was typing fast and accidentally put in greenman. Post is edited now. Alan Greenspan and many others know a hell of a lot more then someone trying to cite the 70s as evidence that we can't "print" money
It wasn't oil prices.
Conspiracy material. Weee.. Are you trying to say oil prices weren't relevant in the 70s? Deficit reduction does, in fact, relate to slowed growth. The government getting involved GROWS GROWTH. Remember the oil shock?It wasn't oil prices.
It was energy use.
The amount of energy that a nation uses is directly proportionally to it's economic growth.
For instance, currently, we may have low oil prices, but the national and international government are so involved in manipulating the energy market, they may be causing a repressed economy.
Deficit reduction has nothing to do with slowing growth. The government getting involved in the economy will slow your growth.
Or. . . . if businesses don't trust what the Fed is going to do, or if the only money in the system is owned by the banks and they aren't willing to let it go. . .
Grows growth huh?Conspiracy material. Weee.. Are you trying to say oil prices weren't relevant in the 70s? Deficit reduction does, in fact, relate to slowed growth. The government getting involved GROWS GROWTH. Remember the oil shock?It wasn't oil prices.
It was energy use.
The amount of energy that a nation uses is directly proportionally to it's economic growth.
For instance, currently, we may have low oil prices, but the national and international government are so involved in manipulating the energy market, they may be causing a repressed economy.
Deficit reduction has nothing to do with slowing growth. The government getting involved in the economy will slow your growth.
Or. . . . if businesses don't trust what the Fed is going to do, or if the only money in the system is owned by the banks and they aren't willing to let it go. . .
Yes, the rate of growth.Grows growth huh?Conspiracy material. Weee.. Are you trying to say oil prices weren't relevant in the 70s? Deficit reduction does, in fact, relate to slowed growth. The government getting involved GROWS GROWTH. Remember the oil shock?It wasn't oil prices.
It was energy use.
The amount of energy that a nation uses is directly proportionally to it's economic growth.
For instance, currently, we may have low oil prices, but the national and international government are so involved in manipulating the energy market, they may be causing a repressed economy.
Deficit reduction has nothing to do with slowing growth. The government getting involved in the economy will slow your growth.
Or. . . . if businesses don't trust what the Fed is going to do, or if the only money in the system is owned by the banks and they aren't willing to let it go. . .
