Out of recession?

[Rob Noxious]

The difference being that we know what we're doing. We know that increasing the money supply can lead to a rise in inflation. If we know that, we also know what the cure is.

I certainly hope that's the way things work out. I'm about to move onto a variable rate mortgage, and hope that any increase in inflation is met by a reduction in the money supply in the first instance, rather than a rise in interest rates!

Ah, isn't that the 'beauty' of capitalism ... who knows which way the roulette-wheel will play ? :unsure:

 

[SARF]

A country printing money is like wetting yourself..Warm and relieving to begin with.. Cold chaffing and embarassing later