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Can some one help me understand the financial situation in the US? |
Can some one help me understand the financial situation in the US? Here's the short version,#1 When big government takes over the money supply and prints it from thin air..and backed by nothing that causes inflation #2 Being in debt and borrowing money at interest and sending checks to citizen's calling it a "stimulus plan" to help the economy that is being destroyed by problem # 1. Too much of anything makes it worthless(the USA dollar) when it is backed by no precious metal. What do you mean? It is a free market economy. The housing market has recently burst and it is not as bad as everyone thinks. The government taxes too much. The Stock market is down over the past year because of the housing thing and probably uncretainty about the presidential election. As a democrat in office would increase the costs of business for most companies. Is that what you are looking for? |
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