Originally Posted by Noel Downs
Still if you are gunna spend 700 billion even if its borrowed money fixing this problem.... put it to use where people are helped while the unstable system finds it's own balance....


There would be no balancing non-backed printed, (borrowed) money. That's the main problem of the bill in the first place.

The point of not passing it is from the long term lowing of the dollar, to then lead to worse conditions for all.

The Fed printing money that's not backed by Gold, for example, for "anything" is what lowers the value of the dollar, here and everywhere else in the world.

Is that right? (to those economists here)?

Actually a Member Since 1996 or 97 (Number One Hundred Something).
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