Thursday, June 25, 2009

European Central Bank lends more money

Here is the link.

Does this mean that running the printing presses 24/7 in this country worked so well that the Europeans are going to do the same thing?

This can't be good.
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2 comments:

  1. AnonymousJune 25, 2009 at 9:04 AM

    I heard some guy say on the radio that the only way any government can get out of the current "recession" is to inflate their way out of it. I am not sure exactly what this meant, but I am sure it isn't a good thing.

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  2. BitmapJune 25, 2009 at 9:21 AM

    I think what he was recommending is that if you get laid off at work you should take a $100 bill to the library and use the fancy copier to inflate your way out of debt.

    At least that is what I think he meant.

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