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Old 02-07-2013, 03:48 PM   #118
Arkie
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Join Date: Oct 2003
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Quote:
Originally Posted by elsid13 View Post
What resources are you talking about? Is it labor? capital? raw materials?


There is more then enough slack in the economy right now that there is no problem to meet private sector resources demand
Our economy is based on consumption. We're not producing as much as we used to. The biggest thing we are creating is debt. The Fed can create all the capital they want. It doesn't create new wealth. Most of the new Fed money hasn't worked it's way into the economy yet. Either prices will skyrocket, or the government will implement price controls that will create shortages and long lines.
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