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View Full Version : Government canít print money properly



BrianW
12-06-2010, 03:22 PM
http://news.yahoo.com/s/yblog_thelookout/20101206/us_yblog_thelookout/government-cant-print-money-properly

As a metaphor for our troubled economic and financial era -- and the government's stumbling response -- this one's hard to beat. You can't stimulate the economy via the money supply ,after all, if you can't print the money correctly.
Because of a problem with the presses, the federal government has shut down production of its flashy new $100 bills, and has quarantined more than 1 billion of them -- more than 10 percent of all existing U.S. cash -- in a vault in Fort Worth, Texas, reports CNBC (http://us.rd.yahoo.com/dailynews/yblog_thelookout/us_yblog_thelookout/storytext/government-cant-print-money-properly/38943933/SIG=1110quhov/*http://www.cnbc.com/id/40521684).

Go, PBO, Go PBO :rolleyes:

starjack
12-07-2010, 04:54 PM
They cant spend it properly either.