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Old 03-30-2010, 07:51 PM   #11
MACH1
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Default Re: Question: How Will We Pay for Healthcare?

Quote:
Originally Posted by SteelCityMom View Post
What...you don't think the government printing it's own money instead of buying it with an interest rate wouldn't do anything to help the budget crisis? IMO, you gotta start where the root problem lies.

Use your words not emoticons lol.
Do your homework first. If you want to see what happens look at Zimbabwe. Inflation rate is at only 11.2 million percent. You read it right, that's million.


This is from 2008
http://edition.cnn.com/2008/BUSINESS...ion/index.html

This explains it better, as you see what happens when you go on a money printing spree and then, get this, declaring inflation illegal.
http://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe

How's that for words.

Of course that's a worst case scenario, but that's what happens.
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Last edited by MACH1; 03-30-2010 at 08:10 PM.
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