All good things must come to an end…the question is, to what end? The last ten years have been full of low interest rates and a government focused on spending and borrowing as much as possible and this last frivolous decade may end in quite the bust. Are we truly headed towards a perpetual cycle of economic boom and bust?

June 23rd marked the federal decision to continue to keep interest rates near zero; however, if this approach doesn’t serve to prod the economy into a fruitful frenzy, the government may take further steps like printing more money.

This supposed ‘magical cure’ for the economic issues we face is called quantitative easing, more simply put, printing more money, but it remains the same process used by governments worldwide. When the economy looks a bit puckish, plunge those interest rates and whip out a lot of dollar bills. All of a sudden, everybody has enough cash to entice them into putting a down payment on that dream house or new car they’re been wanting.

So what seems to be the problem with this methodology? Before long, merchants and property sellers will raise their prices, leveling out the influx of greenbacks, resulting in big spenders left deeper in debt. The economy dips, and the cycle is perpetuated again.

So it could be a triple-dip or a quadruple-dip recession, you never know. But why stop there? At least something’s relieving the monetary gloom, even if it is only for short periods of time.