Well steve, it isn't the US treasury. And there's no 'money printing' as you call it to fund the US deficit.
Do you have any idea at all what the FED actually does?
And my previous
""Steve, "In fact, all through the 1800's while we were on the gold standard we had deflation. The cost of living went down while the quality went up."
then
"Another thing which shows inflation is bad, is you can only have inflation with a fiat money system.. If you are on the gold standard it cant happen."
I am deeply confused by these comments.""
Still no answer.
Steve, your big on posts but small on content. Go to some other Forum and annoy others.
