Saturday, March 21, 2009

Where Does US Money Comes From? And Is Inflation a Concern?

Where do funds come from to finance deficits, including bailouts and stimulus spending? Do we print money to pay for stuff, or is it more subtle? And how much do we rely upon lending nations like China? Paul Solman explains it for NEWSHOUR on PBS like no one else can.

And if you have trouble viewing the embedded video, here is a direct link.

1 comment:

  1. Deflation is part of the de-solution. We must allow for a correction or the real and abiding economic crisis will only worsen under the guise of wise central planning.