seoblackhat.com© 2009 John C. Dvorak Cage MatchAny fan of the No Agenda podcast knows that Adam and John are always talking about getting new money bills from Zimbabwe but you do have to admit that if we keep going to the printing press then how long before we need to print larger bills to keep up?
“What you’re doing is buying into the notion that if we just print some more money that we don’t have and send it to different states, we’ll create jobs,” he said. “If that’s the case, why isn’t Zimbabwe a rich place?” Zimbabwe has been in the throes of an economic meltdown ever since the southern African nation embarked on a chaotic land reform program. Its official inflation rate topped 11 million percent in 2008, with its treasury printing banknotes in the trillion-dollar range to keep up with the plummeting value of its currency.
I had a talk with my grandfather over lunch about the current issue and like he said Roosevelt used the money from the treasury to put people to work while it seems that the current bunch of "winners" in DC are just throwing money everywhere except to the people on the streets. Excuse me while I go stand outside with my tin cup and wait for my money.
http://cnnwire.blogs.cnn.com/2009/03/11/sc-governor-compares-stimulus-to-zimbabwe/ Hi-C said the blind man as he sipped the drink. Never take a man's statement too seriously all the time.