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Originally Posted by LessinSF
And Wash. is no different.
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Except (1) Washington can borrow and (2) the senate and white house will prevent the kinds if cuts she foresees from Texas. Meaning the story in Washington is likely to just be continued bug deficits that dint matter much.
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But, that's not what I am interested in. I have read several articles, and I am probably too jargon unsavvy, but does this - http://www.washingtonpost.com/wp-dyn...T2010110305743 - mean what I think it means? The Fed finally did what everyone knew was the only way out - they manufactured $600,000,000,000?
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What do you mean finally? This is round two. And like the first time, no, it isn't going to mean massive inflation.
