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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.

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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