Trevor Loudon's New Zeal blog has moved to

TrevorLoudon.com

redirecting you there now

Tuesday, February 24, 2009

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.

1 Comments:

Anonymous Anonymous said...

SEO課程課程教你怎麼做我們提供
SEO教學
SEO是一門值得學習的
,我們也提供網站登錄

我們提供婚紗攝影
結婚錄音
台北婚紗攝影
高雄婚紗攝影
台中婚紗攝影

4:37 PM  

Post a Comment

Subscribe to Post Comments [Atom]

<< Home