So what do you think? Should we manufacture money that doesn’t really exist in order to buy up debts, stimulate banks to lend, and jumpstart our economy? Or do we tighten our belts and hold our breath?
For most of us, trying to figure out the monetary wizardry of our economic gurus is about as easy as figuring out how magician David Copperfield made the Statue of Liberty “disappear.” Maybe in the end it all comes down to smoke and mirrors — whether it’s magic or the market.
But there is one bankable economic disclosure. US currency is still stamped with the assertion “In God We Trust.” The question is, do we?
Well, do we?
“In God We Trust” doesn’t mean you don’t wear your seat belt, or stop paying your life insurance premium, or stop recycling, or ignore getting your flu shot. What “In…