Originally Posted by
gintasr
Which brings me to another point... the US is BROKE. NO MONEY, ZIP! And with all thats going on in the market, foreign investors are running away from Wall Street and this Fiat monetary system. I'd get ready for hyperinflation and a collapsed dollar.
You better tell those foreign investors, as the dollar is in high demand at the moment...and has been gaining ground on the Euro and the Pound.
They aren't just printing more money, they are getting(well borrowing as it will have to paid back with interest) the money from government securities such as Bonds, Treasury bills and notes.
Outside shoring up the banks (If a large bank collapse's it will cause massive panic), the stimulus bills won't do much.