Where Printing Money to Cover Deficits Gets You

Governments all over the world, including New Zealand, are planning to fight recession with deficit spending backed up by borrowing or an increase in the money supply or both.

Increased debt will lead to the impoverishment of our children to pay for the cowardice of our contemporary politicians.

Increasing the money supply, in a shrinking economy will lead to the debasement of the currency, inflation and the de-frauding of everybody with a dollar in the bank.

Zimbabwe tried this approach-this is where it got them.











Bite the bullet John Key and Bill English.

Cut government spending, slash taxes and let people produce their way to prosperity.