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Old 07-13-2009, 04:06 PM   #12 (permalink)
The Rev
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The economy is already restoring itself. Government spending may have slowed it down, but as long as people are capable of making informed business decisions, it will take more government intervention than there already has been to bring the economy down.

The thing that interests me now is what's going to happen to all that cash the government money hose has been dousing the country with. That's the big unknown. I would say the greatest likelihood is widespread inflation, but that's not certain. We may just have a great deal of (highly profitable) turmoil in places like the stock market, etc. It depends on how much of the extra bank reserves the Fed can (or will) reel in before it gets loaned out.

More interesting times ahead...



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