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	<title>Comments on: 1932 or 1923?</title>
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	<link>http://sistertoldjah.com/archives/2009/04/03/1932-or-1923/</link>
	<description>Don&#039;t dis or dismiss this miss!</description>
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		<title>By: steveegg</title>
		<link>http://sistertoldjah.com/archives/2009/04/03/1932-or-1923/comment-page-1/#comment-759654</link>
		<dc:creator>steveegg</dc:creator>
		<pubDate>Fri, 03 Apr 2009 17:27:40 +0000</pubDate>
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		<description>I&#039;m thinking that hyper-stagflation is a distinct possibility.  The &quot;non-governmental&quot; component of inflation looks like it will be caused by a radical decrease in the production of goods, which would also be the cause of the vast unemployment component of stagflation.</description>
		<content:encoded><![CDATA[<p>I&#8217;m thinking that hyper-stagflation is a distinct possibility.  The &#8220;non-governmental&#8221; component of inflation looks like it will be caused by a radical decrease in the production of goods, which would also be the cause of the vast unemployment component of stagflation.</p>
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		<title>By: Obama's Reckless Economic Policy Moving America To Economic Ruin &#124; Axis of Right</title>
		<link>http://sistertoldjah.com/archives/2009/04/03/1932-or-1923/comment-page-1/#comment-759653</link>
		<dc:creator>Obama's Reckless Economic Policy Moving America To Economic Ruin &#124; Axis of Right</dc:creator>
		<pubDate>Fri, 03 Apr 2009 17:21:29 +0000</pubDate>
		<guid isPermaLink="false">http://sistertoldjah.com/?p=12603#comment-759653</guid>
		<description>[...] On the monetary side, the Fed is printing money to buy up United States Treasuries, mortgage backed securities, and to inject liquidity into the market.  So by buying up treasuries, the Federal government is essentially borrowing money from itself, and the money it is borrowing is being printed just for that purpose.  If the U.S. Government were a company, this would be known as &#8220;cooking the books.&#8221;  The circular print-and-borrow looks good on paper, but the practical impact of it is staggering.  With it, some are worried that we are not headed to a 1932-era depression, but rather a 1923 European-style h.... [...]</description>
		<content:encoded><![CDATA[<p>[...] On the monetary side, the Fed is printing money to buy up United States Treasuries, mortgage backed securities, and to inject liquidity into the market.  So by buying up treasuries, the Federal government is essentially borrowing money from itself, and the money it is borrowing is being printed just for that purpose.  If the U.S. Government were a company, this would be known as &#8220;cooking the books.&#8221;  The circular print-and-borrow looks good on paper, but the practical impact of it is staggering.  With it, some are worried that we are not headed to a 1932-era depression, but rather a 1923 European-style h&#8230;. [...]</p>
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