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stkboy1

06/03/06 2:12 PM

#79623 RE: marwick #79622

Why? A recession is a normal part of the expansion and contraction cycle. A recession would have been healthy but they were all afraid it would flip from a recession to a depression so they pumped the system with a massive amount of dollars.
This business of constantly printing dollars to stimulate the economy has just created one bubble after another and we all know how bubbles end. I think I would have preffered a recession.
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sylvester80

06/03/06 2:27 PM

#79624 RE: marwick #79622

Even if that means allowing a double digit inflation?