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<p>[QUOTE="mikem2000, post: 1909291, member: 30574"]Oh, I never said printing money wasn't inflationary, just that it is not "directly proportional" This is completely evident in the fact that that with all the money printed, inflation has been very low. We would have seen much higher inflation in a directly proportional relationship. As I said, the velocity of money, which roughly translates to how fast the money is passed around is at least if not more important, and there are other factors also.</p><p><br /></p><p>As far as whether this was good or not, I am in the camp that is was the right thing to do for they ecomony, but there is plenty of room for debate here. </p><p><br /></p><p>I totally agree with you about everyone trying to put their own spin on things, but hey, everyone has their opinions, that is fine, the folks with adgenda's though, well they just tick me off. </p><p><br /></p><p>I won't comment on the political referenes because that is frowned upon here, and don't be surprised if your post gets edited.[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 1909291, member: 30574"]Oh, I never said printing money wasn't inflationary, just that it is not "directly proportional" This is completely evident in the fact that that with all the money printed, inflation has been very low. We would have seen much higher inflation in a directly proportional relationship. As I said, the velocity of money, which roughly translates to how fast the money is passed around is at least if not more important, and there are other factors also. As far as whether this was good or not, I am in the camp that is was the right thing to do for they ecomony, but there is plenty of room for debate here. I totally agree with you about everyone trying to put their own spin on things, but hey, everyone has their opinions, that is fine, the folks with adgenda's though, well they just tick me off. I won't comment on the political referenes because that is frowned upon here, and don't be surprised if your post gets edited.[/QUOTE]
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