Comments on: With Trillions of dollars being “pumped” into the economy is anybody worried about massive future inflation?

By: One Love

One Love — Fri, 27 Nov 2009 04:48:29 +0000

We can raise the interest rates later if need be. Deflation is much scarier because everybody will put off buying anything because it will be cheaper later. Right now we need a little inflation because that cause people to buy things now because they will cost more later.

Plus we can pay China back with smaller dollars.

I doubt we have put more into the economy than what has vanished into thin air in house prices, and stock portfolios.

By: Chelfi

Chelfi — Fri, 27 Nov 2009 04:48:29 +0000

Yep. Durn right I’m worried.

By: Sageandscholar

Sageandscholar — Fri, 27 Nov 2009 04:48:29 +0000

This is correcting a massive deflationary drop in Demand.

By: SMITIMB

SMITIMB — Fri, 27 Nov 2009 04:48:29 +0000

I vaguely envision taking a wheel barrow full of money to buy a loaf of bread and having someone steal the wheel barrow because it will be worth more than the money.

Yes. It’s more of a tourniquet to a gushing wound than a surgical solution. Surely they’ll only do this once. If they keep doing it, are dollar won’t be worth squat.

By: Jim R

Jim R — Fri, 27 Nov 2009 04:48:29 +0000

Some people just love to worry. In fact, they’re probably worried that someday they won’t have anything to worry about.

By: LeAnne

LeAnne — Fri, 27 Nov 2009 04:48:29 +0000

Unfortunately, it’s similar to some of the side effects of some life saving medicines - they’ll never be as bad as the alternative.
Presently, our economy needs some serious jump starting - as far as the possible future consequences, we’ll cross that bridge when we come to it.