Posts Tagged ‘print money’

The California sidestep

The political wrangling continues in California while the Legislature fails to tackle its $24 billion deficit, all of their energy seems to be concentrated on circumventing the obvious choice of reducing spending. The voters sent a clear message to state officials with the ballot initiatives they struck down back in May. Their message [...]

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To borrow or print money for excessive spending

In an attempt to kick-start our struggling economy that has been suffering from this formidable global slump, our Government has been pumping money into the system relentlessly with no end in sight. To accommodate this spending debauchery they are embarking on a program of borrowing and of printing money in some coordinated effort to [...]

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