American Scofflaw
Some top Federal Reserve officials have come up with a really bizarre proposal for stimulating the U.S. economy. As unbelievable as it sounds, what they actually propose to do is to purposely raise the rate of inflation so that Americans will stop saving so much money and will start spending wildly again.
The idea behind it is that if inflation rises a couple of percentage points, but consumers are only earning half a percent (or less) on their savings accounts, then there will be an incentive for consumers to spend that money as the value of it deteriorates sitting in the bank. Yes, that is how bizarre things have gotten
Saturday, October 9, 2010
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About Me
A list of my faves
- The Curious Cat Lives
- This Could Happen To You
- DeezTeez
- Girls Doing Men
- Alltop Oddities
- ninjahobo.com
- Dooce
- Herald Police Blotter
- My Man Mumbles
- livfilms
- stevepavlina
- midtownlunch
- gapingvoid
- Girl power at its finest
- myricegirl
- thevalkyrie
- wb270
- myspace.com/asianboston
- Super cool T's
- espn
- globalresearch
- hotair
- nypost
- Straight Talk
- barstoolsports
- rense
- informationclearinghouse
- whatreallyhappened
Gottcha, scofflaw
Favorite Scofflaw Movies
- The Godfather
- The Usual Suspects
- Dirty Harry
- The Good, The Bad and The Ugly
- The Treasure of The Sierra Madre
- The Long Good Friday
- Pacific Heights
- Midnight Cowboy
- Highway61
- Duel
- Catch Me if You Can
- Glengarry Glenn Ross
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