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Old Posted Mar 10, 2009, 9:17 PM
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SnyderBock SnyderBock is offline
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Join Date: Sep 2006
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Quote:
Originally Posted by Istanbul5280 View Post
Thanks for the link Octavian. They use a 12 year average of cost which explains the inflated figures. Hopefully they can frontload as much of the costs as possible before the inflation from the stimulus packages kick in over the next 5 years.
If the US debt is purchased (such as by China) to fund the recovery package, it will not actually result in inflation--so long as the government pays off the debt over the next 20-30 years from within it's operating budget.
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