Share us!

Tuesday, March 30, 2010

Krugman warns we need more inflation, not less

Krugman says it best, we've been experiencing a disinflation of our monetary supply for some time now, if we want to experience more growth we'd better figure out a way to bypass the mega-banks and get money into the hands of the American people.



I'm for bolstering the Small Business Administration, let's get people back to work! As Chris Matthews said: "I want to smell the construction!"

Visit msnbc.com for breaking news, world news, and news about the economy



Keep this in mind, if we have a smaller money supply, that means there are less American dollars in the world, and thus our debt for the treasury and individuals is greater, not smaller.

Disinflation is dangerous, the last time we saw disinflation was during The Great Depression.

A refund of say $1000 bucks to all taxpayers would be a good idea, we could use the same program that we saw in 2008.

It's time to rebuild our infrastructure, we should get to work on our highways, build highspeed rail, rebuild our sewer systems, make our homes energy efficient, build eco-friendly power plants, and install highspeed fiber optic lines to prepare for the next generation of internet access!

1 comment:

  1. I am a Proud American, and as such bear some of the Responsibility of our Nation and it's current Debt. I am willing, and think it would be a great idea if ALL AMERICANS donate $5.00 or less towards the National Debt! I don't know what our current Population is, but I know that a few dollars from EACH INDVIDUAL CITIZEN would make a Nice Dent in that Debt! In addition I think such a Movement might get Our Citizens a Little Bit More Ownership of what OUR GREAT NATION STANDS FOR. Just a Thought!

    ReplyDelete