Originally Posted by SteelCityMom
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
This explains it better, as you see what happens when you go on a money printing spree and then, get this, declaring inflation illegal.
How's that for words.
Of course that's a worst case scenario, but that's what happens.