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Re: Obama Unveils $3.55 Trillion Budget Plan

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  • Fri, Feb 27, 2009 - 03:15am

    #12
    Peak Prosperity Admin

    Peak Prosperity Admin

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    Re: Obama Unveils $3.55 Trillion Budget Plan

Hi Patrick

Looks like we don’t disagree much. But the people who receive the money first must spend it on creating work for others before we see change. They might buy a huge luxury yacht but that won’t cause inflation. Your purchasing power won’t drop because they printed money or bought anything existing. 

I see asia as full of people working their buts off, often in appauling conditions and for very long hours, and saving in US dollars so Westeners can consume. Wonder why they would want to stop doing that?

Don

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