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echo: god.and.gov
to: James Adams
from: Jeff Shultz
date: 2003-12-20 02:05:26
subject: Re: why Iraq

From: Jeff Shultz 

James Adams wrote:

>> Our main
>> mistake is not pulling the old stuff out of distribution by declaring an
>> end date on it
>
> Causes a problem with inflation.  A lot of those bucks are being held by
> criminal organizations.  They really can't go to the neighborhood bank
> and exchange old for new.  So instead of exchanging they would spend.
> Too many dollars chasing too few goods = inflation.

Would this not be a temporary problem? Besides... getting money out of
criminal organizations and into the hands of business sounds good for the
economy at the moment.
--
Jeff Shultz

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