Well, this is supposed to be the reason for all of this massive, new, unprecedented, astonishing, astounding economic stimulus spending; it supposedly bails out debtors through the brain-dead expediency of inflation in prices, thus aiding debtors at the expense of everybody else!
Whether or not this theory is true, I don’t know, but I don’t think so, as I have never read anything like, “From the moment that the government started creating and spending large amounts of money, everything got better and better, and the more money that was created for the government to spend, the better things got, until they reached Utopia and everybody lived happily ever after.”
The irascible Mogambo Guru offers investment advice with a distinctive flair.
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