• Printing money creates inflation, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles.

    Peter Schiff: Printing money creates inflation, which weakens an economy.  Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles.
    "A Little Understanding Goes a Long Way" by Peter Schiff, www.businessinsider.com. March 7, 2011.