GM and Chysler Bankruptcies

[Jester]

Ooops, yes, I meant deflation. I'm worried about what happens when the current money supply meets the upturn in the economy.

I'd be more worried about actually getting an upturn in the economy. But, if growth, employment and the money supply all start going up, then first, you uncork a bottle of champagne, because you just saved the economy. Then, you let the Fed do its job and adjust interest rates to keep inflation in check. So long as the economy is growing and inflation is positive, monetary policy works.

-Jester