alephnull on 26 January 2009
| mrstickball said:
Also, how can we spend money we don't have? The govt. is creating the money for the bailout...Not really a good policy to have. You have to spend money to make money, I understand, but that doesn't work for people in debt, and won't work for the government.
|
Money gets created all the time depending on how you actually define money. However, if you are referring to a more "traditional" definition of quantitative easing involving "printing money" there is no evidence that this is happening right now that I know of. It certainly is not showing up in the GDP deflator.
