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Are we going to follow the "mortgage bubble" and the "oil bubble" with a "stimulus bubble"?
The magnitude of the stimulus package, whether it be $460 billion or $900 billion, needs to consider that the total of all the cash in the United States at any given time is about $750 billion. Are we going to borrow the money? After Bush borrowed such a ridiculous amount to finance the wars who would lend us this money? Or is the Obama administration just planning on printing more money? any thoughts?
2 Answers
- amaloneLv 51 decade agoFavorite Answer
Borrow - the last I heard. Where do you get the total cash of $750b? I was wondering about something like that before.
- Anonymous1 decade ago
Isn't it just another way to divvy up what's left, i.e. inflation?