Showing posts with label Central banks. Show all posts
Showing posts with label Central banks. Show all posts

Thursday, December 1, 2011

What The Heck, Let's Just Flood The World With These Fresh Dollars We Conjured Up. What Could Go Wrong?

OS didn't check the news til late afternoon--DJIA up 500 points in one freaking day.

And we thought we were all in deep doo-doo, what with most of the Western World in debt to the tune of trillions of dollars, which of course will be mathematically impossible to repay.

So, solution: Just print up some more, throw it at the stock market. That will make everything just a-o-k!

Why didn't we think of this earlier?

Well, actually, Virginia; look up 'Weimar Republic' to see what occurs from massive money printing....eventually they ended up with a little guy with a funny mustache and a messianic belief in himself.  That worked out, ok, didn't it?

Well, didn't it?