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Originally Posted by LeMansX5
Warren Buffet or someone said that the amount of money being pumped into economy these days will cause some serious inflation down the road.
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Interesting point....I'm not even pretending to understand the far-ranging effects of these "stimulus infusions". But for any economics Majors here, I wanted them to clarify something.
We all know about Germany post-World War I printing money out the wazoo, and the resulting hyper-inflation. Makes sense, and it's been shown dozens of times in history. Print more money, the value of money goes down.
What I am trying to understand with both the Obama stimulus plan, as well as the preceding Bush TARP program: Are these HUNDREDS of BILLIONS truly coming from taxpayer revenue, or is the money simply being printed on an AS NEEDED basis by the Treasury, like Monopoly money??? Or is it a combination of both??
Anyone in the know care to take a stab?