Quote:
Originally Posted by IllTestYourGirls
The spending bill takes from everyone in the form of the inflation tax and will do more harm than good.
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Actually we will probably get serious deflation and then a collapse of the bond market. Then we either print money full tilt and destroy the dollar or it is good bye deficit spending which translates into probably a 50% or more reduction in government spending overnight.... At the same time they will probably try to devalue the dollar (by a lot) to make the huge debt the government has easier to pay off.