Politicians and Temptations

Giving politicians the ability to print money has always eventually been a disaster for any nation that did so. The temptation is just too great. Down that road lies inflation (maybe hyperinflation) and currency destruction. Just as Congress had good intentions to make home ownership more attainable, the good intentions of printing money to help pay for programs that help the poor or education or whatever is just too much for politicians to resist.John Mauldin

Link: http://www.frontlinethoughts.com/article.asp?id=mwo040910