no third solution

Blogging about liberty, anarchy, economics and politics

“…Like it was paper money”

February 3rd, 2009

Earth to Mitch McConnell: Get a clue.

McConnell is the Senate minority leader, who, while pushing for changes to the economic stimulus/bailout package says that “We’ve been throwing figures around like it was paper money“.

In all fairness these are astronomical figures, the likes of which most laymen can’t comprehend: Eight-hundred billion dollars, here. A trillion dollars there. Ultimately, it’s not going to work, because inflation is never the road to prosperity.

Oh, and it is paper money, after all.

no third solution

Blogging about liberty, anarchy, economics and politics