Article

2010-07-20 Home Front: Politix

Newsweek's Clift: U.S. Won't Face Greek Debt Tragedy 'Because We Can Print Money'

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Fred 2010-07-20 00:00|| || Front Page|| [11127 views ] Top

#1 "'Because We Can Print Money'"

So could the Wiemar Republic....

Idiot.

"Our results also appeared to confirm the conjecture of Abel et al. that foreign nominal assets were a closer substitue for domestic money than were real assets in Germany during this period, although the degree of substitutability between money and real assets was rising more rapidly."

Posted by newc 2010-07-20 00:12|| 2010-07-20 00:12|| Front Page Top

#2 Sure we can. Until the Chinese cash the check.

Posted by lex 2010-07-20 00:51|| 2010-07-20 00:51|| Front Page Top

#3 Besides, future generations are unborn. We'll just lay it all on their prospective little heads. Yeah, that's the ticket!

Posted by lex 2010-07-20 00:53|| 2010-07-20 00:53|| Front Page Top

#4 Shouldn't that be in "Today's Idiot"?

Posted by g(r)omgoru 2010-07-20 04:09|| 2010-07-20 04:09|| Front Page Top

#5 We can just print the money!? Why wasn't I informed of this sooner!? Let's get started on that right away! Thanks MSNBC, the country would be lost without you! When you guys finally go under we'll use some of that money we're printing to nationalize your company. -- sez PrezBO.

Posted by Keenster 2010-07-20 08:41|| 2010-07-20 08:41|| Front Page Top

#6 The McLaughlin Group is still on the air? Eleanor Clift is still alive?

Well, hell, I shouldn't be surprised. NPR still wheels Dan Schorr out of cryogenic suspension every Saturday to play "the 2000 year old man" for the wine-and-cheese crowd. Whenever I drive down to Pittsburgh, I listen with astonishment as his Boswell, Scott Simon, conjures from the old relic the creakiest set of truisms possible on whatever news the mainstream media is pretending to be important that week. He's like a senile, liberal version of those gag weather-forecasting rocks that summer camps set up out by the parking lot.

Posted by Mitch H. 2010-07-20 09:18|| http://blogfonte.blogspot.com/ 2010-07-20 09:18|| Front Page Top

#7 Eleanor Clift is still alive?

Lefty ferret lifespans increase with the bitterness level, apparently

Posted by Frank G 2010-07-20 10:12|| 2010-07-20 10:12|| Front Page Top

#8 Sez the financially failing waiting room joke, unintentially stating that the democrat Congress is out of control.

Posted by swksvolFF 2010-07-20 12:12|| 2010-07-20 12:12|| Front Page Top

#9 Printing money just allows us to dig a deeper hole.

Posted by AuburnTom 2010-07-20 13:10|| 2010-07-20 13:10|| Front Page Top

#10 HAD to inject the word Bush into her rebuttal, even though it had no connotation to what she was talking about. Anyone else notice that? It's like they are trying to use Neuro Linguistic Programming at this point to keep Bush in the conversation. Bush's Tax Cuts are non-sequitur to the topic, but she uses it as her arguement?!

Posted by bigjim-CA 2010-07-20 15:09|| 2010-07-20 15:09|| Front Page Top

#11 Clift:

Posted by Mizzou Mafia 2010-07-20 15:57|| 2010-07-20 15:57|| Front Page Top

#12 Money ONLY represents the economy.

Changes in the supply of money are represented as changes in the value of money.

You cannot do much except harm the economy by printing more money than (real i.e net out change in debt) economic growth allows.

Posted by Bright Pebbles 2010-07-20 18:28|| 2010-07-20 18:28|| Front Page Top

#13 Yeah, good plan ...

Posted by DMFD 2010-07-20 18:32|| 2010-07-20 18:32|| Front Page Top

#14 ""No - because we can print money and Greece can't," Clift declared."

Jeez - these clowns are so stupid, how do they even find their way to the bathroom in the morning?

Oh, yeah - that's right - they can't. That's why they're so full of sh*t.

Posted by Barbara Skolaut 2010-07-20 19:40|| 2010-07-20 19:40|| Front Page Top

#15 I'm glad you put up a 100 trillion dollar bill from Zimbabwe. I saw an article on their inflation. That 100 trillion dollar bill will buy 3 eggs. They only had to print money for 3 years to destroy their currency. I'll bet you Obama can destroy the US dollar faster. It will sure be easy to pay of my mortgage.

Posted by Dave 2010-07-20 20:55|| 2010-07-20 20:55|| Front Page Top

23:34 Skunky Glins****
23:21 Skunky Glins****
23:20 rjschwarz
22:58 Asymmetrical Triangulation
22:49 Anonymoose
22:45 Procopius2k
22:37 lord garth
22:30 Old Patriot
22:27 gorb
22:27 Mr. Bill
22:25 gorb
22:21 Old Patriot
22:15 gorb
22:13 gorb
22:06 Pappy
22:05 trailing wife
22:04 Mr. Bill
21:59 gorb
21:57 JosephMendiola
21:54 trailing wife
21:53 Fred
21:52 trailing wife
21:42 trailing wife
21:41 JosephMendiola