Stagflation

[wholesalerat]

President is expected to tell a gathering of economists in New York that the economy is slowing but nonetheless is fundamentally sound and poised to return to higher growth. No new initiatives should be expected, according to the White House press office.
:bigear:​

 

[Pheelix]

The New 3$ Bill:

 

[stmadeveloper]

Bush was recently (about 4 months ago) asked to define Stagflation. He responded:

" I've been saying it for 7 years that our environment is in good shape. The proof of that is when people are worried about Stags getting to big. I mean what is the problem with drilling in Anwar when the deer are getting to fat?"

(The scary part - you don't really know if this is a joke or not)

 

[zylotron]

The New 3$ Bill:

and change..
2.00 EUR

=

3.13283 USD

 

[Grant]

I don't think we will reach stagflation.. but hell it happened in the early 80s..

 

[_poto_]

I think we could well be headed for a period of hyperinflation combined with a crash in the dollar...

if the dollar keeps dropping it's going to hit a critical panic point when foreign investors are going to start selling all their dollar denominated holdings like mad...

imho, a crash in the dollar would be a good excuse to issue a new multi-nation currency like the Amero... easy to sell a new currency to the people if their money is already worthless...

 

[Rage9]

fuck the amero - I'm not sure that would go over too well.

 

[_poto_]

fuck the amero - I'm not sure that would go over too well.

there were plenty of people that said the same thing about the Euro...