Tuesday, February 9, 2010
Stimulus Logic
I refuse to fall into the belief that all problems can be solved with money. That just isn't true with any economy or country. Its basic economics that if the government prints more money, that even if it is paid off over time, that will cause the value of the currency to fall. For example, if I have the only gold nugget that is infused with every other metallic element in our world, is worth more becasue it is very rare. But if others start finding metallic nuggets just like it, then it becomes less rare and the value drops. The same can be said about our dollar, the more there are, the less valuable it becomes.
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