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Sugar Highs and Financial Lows
Posted By Ron On June 2, 2009 @ 12:32 AM In Budgets,Credit,Insurance,Life,Money,Personal Finance,Wealth | Comments Disabled
World Bank President, Robert Zoellick, warned economic policy makers recently that the stimulus packages countries are using to artificially prop up their economies create sugar highs  that are not sustainable.
“Right now, the international system appears to have a sufficient amount of stimulus,” Zoellick said. “The danger is if you spend too much government money, you create a different problem.”
That problem is inflation. Expectation inflation. Price inflation. Wage inflation. Cost inflation. “Bail me out, too!” inflation.