by Jeremy Holter » Mon Feb 23, 2009 11:09 am
Because several months of hugely expensive government effort has done little to fix the broken economy, the reaction to President Obama''s $75 billion foreclosure-prevention program yesterday was mixed.
"Doing nothing is not an option," said Philadelphia economist Kevin Gillen. "But doing anything and everything isn''t necessarily better than doing nothing."
"Doing nothing is not an option," said Philadelphia economist Kevin Gillen. "But doing anything and everything isn''t necessarily better than doing nothing."
Posted: Mon Feb 23, 2009 11:14 am Post Subject:
I dunno friends but I'm skeptical about printing more money to stall the ongoing crisis. Mindlessly minting money would further lower its value & there would be a time when the green bill wouldn't worth much than a piece of paper. I fear that by doing it we are actually pushing ourselves towards greater crisis in the future. Please, share your ideas in this regard.
~Jeremy
Posted: Sat Jun 23, 2012 03:19 pm Post Subject: adAhupGxeZGFSnAhoyr
Fidinng this post solves a problem for me. Thanks!
Add your comment