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haha grassley.
haha link don't work.
Well, there are those who believe we will have inflation equal to the Carter Years:
Senator warns of hyperinflation rivaling the 1980s, part of text:
"We won't know for a year if he's done a good job so far, because he shoveled money out of an airplane to save banks and the financial system," Grassley said in a conference call with Iowa reporters. "But shoveling money out of an airplane to solve problems can be inflationary — in this case, hyperinflationary — if he doesn't start mopping up some of the money that's out there."
Grassley, the ranking member of the Senate Finance Committee, said that inflation as a result from government spending on bailouts could result in inflation rivaling rates in 1980, when it hit a peak of 13.5 percent.
Last edited by Wild Cobra; 08-25-2009 at 07:23 PM.
haha grassley.
haha link don't work.
Fixed, works now.
Your point?
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