Sunday, January 17, 2010

A Dollar Crisis?

I've mentioned before that with the current economic policies of the Democrats, there is a risk of hyperinflation. This article in The Investors Business Daily alleviates some of my fears, but only if we stop this insane spending spree.

Over the long run, nothing, not even the dollar, is immune to economic forces. To get the economy moving and reduce our debt load, we need major spending cuts and, at minimum, a government pledge not to raise taxes.

A dollar crisis? We doubt it. But why take the risk?

A Dollar Crisis?

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