Sentence1: "Yes, using Government spending as part of the formula for GDP is in error"
No Plagiarism detected
Sentence2: "Using GDP growth to set monetary policy is also broken because you can always have a positive GDP as long as government spends enough"
No Plagiarism detected
Sentence3: "Since Government cannot raise taxes enough to offset this deficit without massive discontent, they resort to other insidious schemes such as Inflation and check kiting"
No Plagiarism detected
Sentence4: "By devaluing the currency, government can pay off a significant portion of its debt by stealing the purchasing power of all the citizens, this is done by inflating the money supply which causes prices on real goods to go up"
No Plagiarism detected
Sentence5: "By continually rolling over debt ad infinitum and just printing more bonds to pay for it all is really not any different than kiting checks over and over"
No Plagiarism detected
Sentence6: "By paying for one check with another and just paying the service fee (Bond Coupon rate) every time you kite another"
No Plagiarism detected
Sentence7: "This will happen until the wheels fall off our economy because there is NO political will in the leadership to make the hard choices"
No Plagiarism detected
Sentence8: "Mathematically the debt is impossible to pay and sometime in the future the USA will default on its obligations, that is when the real suffering begins"
No Plagiarism detected
Sentence9: "Greece will start the ball rolling, and while Spain gets ready to be next, the EU will slump which will cause the US Dollar to gain alot of strength"
No Plagiarism detected
Sentence10: "Commodity prices will deflate, but then after the EU economy is thoroughly cooked, it will be our turn"
No Plagiarism detected
Sentence11: "Of course, the whole world might come to a stop if the derivatives scheme comes undone"
No Plagiarism detected
Sentence12: "Derivatives are hedged with CDS instruments"
No Plagiarism detected
Sentence13: "If countries default those CDS will be paid"
No Plagiarism detected
Sentence14: "Watch as those same depressed commodity prices skyrocket and the dollar index dives, inflation will skyrocket, bond coupons will skyrocket also, but hardly anyone will buy them after being eviscerated in most markets and having been left with mere pennies on the dollar"
No Plagiarism detected
Sentence15: "You don't want to know how badly the world will hurt if that happens and all of a sudden people are wanting their slice of the $4"
No Plagiarism detected