Economy Questions (Inspired By Peter Schiff)
[QUOTE]inflation can happen when governments print an excess of money to deal with a crisis[/QUOTE]
How would this help a crisis? Wouldn't more money being printed decrease the value of the dollar?
What incentive does the government have for buying house loans from the bank? The book explains the bank is able to lower interest rates on the loan because the risk is decreased (because the government will pay back the loan if the borrower doesn't), but what does the government get out of it?
Finding this book very interesting so there may be more questions to come.