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those $$$ haven't arrived yet..........and families have already spend it all.

Money is created now days by a merely bookkeeping entry.

And they blame capitalism for it. WTH

If there was a 1 and 2......... there will be a third

True: The stage has been set for a massive hyperinflation. I only see two ways of that not happening: -Nationalization of the banking industry -Govt part of the banking industry.

This financial crisis originated in the nominal economy. Greedy guys under their creative destruction gave birth to "derivates and CDS" able to buy the US economy 35 times. Despite that nothing has happened to the real availability of resources, (a supply side shock) we shall suffer. Many of...

http://mises.org/articles.aspx?AuthorId=793 In the above page I have provided you with plenty of good material regarding good monetary policy. -I disagree with the author about going back to gold. -Despite being libertarian extremists, the Mises guys have a lot to teach the FED about money.

Maybe the solution will be worse than the decease. However let us hope for the best.

HSBC can't print its own money.