http://www.myylt.com/2009/05/27/should-we-change-our-currency-to-wampum/ Discussion of Forex Trading and Currency Trading Wed, 23 May 2012 00:48:45 +0000 http://wordpress.org/?v=2.3.3 http://www.myylt.com/2009/05/27/should-we-change-our-currency-to-wampum/#comment-14839 jerry w Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/05/27/should-we-change-our-currency-to-wampum/#comment-14839 To the extent that the bailout money stimulates the economy, inflation will not be a factor. The big question is how much will the economy be stimulated. Don't forget, too, that the Fed has a number of tools at its disposal to help control inflation. I don't know of any respected economists who would predict $20,000 loaves of bread. At its worse the amount spent and expected to be spent on bailout is a drop in the bucket compared to the increase in money supply that would be needed to cause hyperinflation. To the extent that the bailout money stimulates the economy, inflation will not be a factor. The big question is how much will the economy be stimulated. Don't forget, too, that the Fed has a number of tools at its disposal to help control inflation. I don't know of any respected economists who would predict $20,000 loaves of bread. At its worse the amount spent and expected to be spent on bailout is a drop in the bucket compared to the increase in money supply that would be needed to cause hyperinflation.

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