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re: Hedge fund manager Daniel J. Arbess calls for direct money printing to Treasury

Posted on 5/21/13 at 12:38 pm to
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5607 posts
Posted on 5/21/13 at 12:38 pm to
Furthermore here is my biggest worry with your suggestions, you have two scenarios.

1 - The Fed hikes rates when inflation rises.
2 - The government raises taxes when inflation rises.

Historically, #1 has been late while I'd argue #2 has never happened. Would you really and truly put your faith that #2 would happen before #1?
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5607 posts
Posted on 5/22/13 at 11:10 am to
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