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Stagflation Warning?: Neil Cavuto Interviews Brit Hume on Stimulus and Cyclical Forces

Posted on February 23, 2009
Filed Under Economics, WebVideo | Comments Off on Stagflation Warning?: Neil Cavuto Interviews Brit Hume on Stimulus and Cyclical Forces

An excellent political and economic analysis:

“The negative impact (the amount of deficit spending) may happen sooner rather than later. If that happens and it slows the recovery and keeps us in a period of slow and sluggish growth and higher taxes have to be imposed ….”

“to say nothing of the hyper inflation you get out of this: “… With all this fed liquidity in the economy you can pretty soon have all this money chasing a diminished supply of goods and prices will start to go up. A real danger of that. That worries me as much as anything because that is real lethal to an economy”

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