Germany rejects printing money just to bail out Greece

[golfguru]

I guess Germans have learned their lesson form back Weimar days.

But will Bernanke & Geithner ever learn?

The answer my friend is blowing in the wind.....

http://www.zerohedge.com/news/germany-rejects-geithner-ecb-refuses-print-greece-gets-final-warning

[Hawkowl]

1. Greece must default

By vetoing money printing and Eurobonds, Germany essentially is forcing Greece into default sooner rather than later. I expect within a week.

[Taitertots]

2. They could print 10 times the greek debt and it would still be several orders of magnitude away...

From the levels printed during the Wiemar days. There is no reasonable reason to assume that high, problematic inflation would result from printing the Greek debts away.

[golfguru]

4. That is true but it is like the first shot of heroin

after that you want more, and soon you are addicted to the easy escapes from reality.

[roamer65]

3. Guess who's going to print away the Greek debt?

We are.

Unlimited dollar funding to European banks for the next three months has already been granted.

[golfguru]

5. Oh yes, Turbo tax Timmy

and helicopter Benny.

http://m.cnbc.com/us_news/44559875