Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

jberryhill

(62,444 posts)

1. "The government is about to flood the economy with money"

Reply to Chainfire (Original post)

Fri Mar 20, 2020, 08:48 AM

Mar 2020

Yes, but a whole lot of it just vanished.

Putting $1000 into the pockets of people who were going to have a lot more than that, but now don't, doesn't increase the amount in circulation.

IMHO, things are going to look at lot more like 1932 instead 1972.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

3 replies

= new reply since forum marked as read

Highlight:

A couple of questions for the better educated readers [View all] Chainfire Mar 2020 OP

"The government is about to flood the economy with money" jberryhill Mar 2020 #1

Agreed. Deflation is a much greater risk, at this time, than inflation. Laelth Mar 2020 #2

I'm no economist, but I'll tell you what I think and am seeing. lark Mar 2020 #3