reply to post by Snsoc
The best thing I could tell you is look back into history. This is not the first time the world has seen this. Germany after ww1 printed a lot of
money and guess what happened.
When the printed money comes out of the money supply it will cause inflation. The reason we are not seeing it yet is the banks are holding huge
reserves of cash. At some point they will open the flood gates and people like me and probably you will have to get out our wheelbarrows to get a loaf
of bread. If you don't understand what I am talking about look up post ww1 Weimar Germany inflation.
To be honest people are already starting to see it at the grocery store prices are going up new car loans are going out to 10 years just to get
people in the latest new cars. Prices keep going up wages are slowly slipping at what point do we tip?
So YES the economy will collapse when is the big question. It will be the lowest wage earners first. They will not be able to feed themselves and
this house of cards will tumble. They will try to bail them out but it will fail at some point.
edit on 28-12-2012 by SubTruth because: (no
edit on 28-12-2012 by SubTruth because: (no reason given)