What happens when the FED goes bankrupt?
Dear Swarm!
Seeing how the FED is printing more money with every passing day, for the government to spend, I am beginning to wonder what will happen, when the bubble bursts and the Fed goes broke?
Dear Swarm!
Seeing how the FED is printing more money with every passing day, for the government to spend, I am beginning to wonder what will happen, when the bubble bursts and the Fed goes broke?
Technorati Tags: bubble bursts, money, swarm
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the economy will collapse.
September 8th, 2010 at 11:48 pmThat’s when we get to impeach Bush II.
September 8th, 2010 at 11:48 pmThey can print more money
September 8th, 2010 at 11:48 pmThey don’t go broke. They just print up more and more money. They basically counterfeit the stuff. It causes inflation. When money comes out of thin air, businesses are not producing things for people to buy so there are less of them available and the prices go up. The only legitimate way to produce wealth is to produce an equal amount of products to earmark the wealth spent. We should expect hyperinflation soon.
September 8th, 2010 at 11:48 pm