November 12, 2008 at 2:11 am
#786554
Inactive
@GamTrak 186085 wrote:
I don’t think it’s silly. Have you not been watching the news? We have the airlines, credit card companies and millions of homeowners in line as well as other companies asking for help.
Please tell me how asking what affect printing up money to pay for things when we have a huge debit to tackle.
My point is if you are going to pick and choose which companies to save then why not save everyone? They let Lehman die and that created a snowball affect IMO.
These article on ecomomics may give you a good idea why printing too much money is a bad thing.
http://economics.about.com/cs/money/a/print_money.htm
http://economics.about.com/cs/neoclassical/a/value_of_money.htm