The things that matter in life.

The things that matter in life.
The things that matter in life.

Monday, December 6, 2010

(Too good) "Government can’t print money properly"

"The new (flawed) bills are the first to include Treasury Secretary Tim Geithner's signature. In order to prevent a shortfall,the government has ordered production of the old design, which includes the signature of Bush administration Treasury Secretary Henry Paulson. That, surely, is not the only respect in which the nation's lead economic officials would like to turn back the clock to sometime before the 2008 financial crisis."
 
news.yahoo.com
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 aren't able to print the actual money correctly. Because of a printing problem, the federal governm