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Current Events => The DUmpster => Topic started by: Freeper on July 16, 2011, 07:41:24 PM

Title: Overheard in Jersey City this afternoon.
Post by: Freeper on July 16, 2011, 07:41:24 PM

Quote

no_hypocrisy Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Sat Jul-16-11 08:35 PM
Original message
Overheard in Jersey City this afternoon.
   
This is how out of touch republicans are -- and this guy likely reads The Wall Street Journal too . . .

So this repubican was saying that Greece was in a lot of (financial) trouble, but this country would never get in that kind of situation because (wait for it . . . ) we can always print more money.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1505471

Yeah sure a republican said that.  :mental:

Title: Re: Overheard in Jersey City this afternoon.
Post by: Ballygrl on July 16, 2011, 07:51:06 PM

OMG! only a Democrat would say that unless the Republican was being sarcastic!

Title: Re: Overheard in Jersey City this afternoon.
Post by: I_B_Perky on July 16, 2011, 08:00:33 PM

It is actually kinda, sorta true. Greece is part of the Euro. The US can print their own money.

Everything else the dummy said is a lame bouncy.

Title: Re: Overheard in Jersey City this afternoon.
Post by: CC27 on July 16, 2011, 08:05:47 PM

Most Dumbshits say its ok to print money so i don't see the problem?  :whatever:

Title: Re: Overheard in Jersey City this afternoon.
Post by: I_B_Perky on July 16, 2011, 08:13:19 PM

Quote from: CC27 on July 16, 2011, 08:05:47 PM

Most Dumbshits say its ok to print money so i don't see the problem?  :whatever:

As long as it goes to them, they don't have a problem with it.   :-)

Title: Re: Overheard in Jersey City this afternoon.
Post by: GOBUCKS on July 16, 2011, 08:44:22 PM

Quote from: CC27 on July 16, 2011, 08:05:47 PM

Most Dumbshits say its ok to print money so i don't see the problem? 

Actually, it's absolutely necessary to print more money. The money supply has to keep up with the productive growth of the economy.
The alternative is deflation, which will quickly destroy both growth and prosperity.

Title: Re: Overheard in Jersey City this afternoon.
Post by: Freeper on July 16, 2011, 09:31:06 PM

Quote from: GOBUCKS on July 16, 2011, 08:44:22 PM

Actually, it's absolutely necessary to print more money. The money supply has to keep up with the productive growth of the economy.
The alternative is deflation, which will quickly destroy both growth and prosperity.

Yeah, but we have been printing money out of thin air the past 2 years and that has just made things worse. If there was some economic growth to back up the printing of money, it would be a different story.