Dan Kone
Well-Known Member
i would borrow more money from foreign countries and never pay them back ,
that's exactly what the tea party attempted to do by refusing to raise the debt ceiling.
i would borrow more money from foreign countries and never pay them back ,
that's exactly what the tea party attempted to do by refusing to raise the debt ceiling.
BS. What they tried to do is exactly what we are witnessing: economic calamity.
Yesterday I bought one dozen eggs and one tomato. Bill was $7.21. that's what happens when there is no value behind the 'money'
Right voting for a party is as stupid as voting for a Democrat or a Republican or a Liberal---How is that?No, it's not as stupid as voting for a party. It IS voting for a party. When calling people stupid, be careful how you say it or people might get confused as to who the stupid person is.
Right voting for a party is as stupid as voting for a Democrat or a Republican or a Liberal---How is that?
Basically what was meant was YOU are stupid if you vote for a Party because of it's name.
Right now it would be STUPID to Vote Democrat as that is for Obummer who has done nothing for this country in 3 years other then cost us more money in the long run.
Hence, Voting for Democrat is as stupid as voting for a party. Vote for the man not the Party!
People seem to be obsessed with trying to fix our deficit problem right now for some insane reason, but all reasonable people know that with the economy in the shape it's in, it would be impossible to balance the budget. So has a compromise, we should look to long term debt stabilization.
Obviously cutting spending in a recession is a ridiculous notion because the consequence will just be more job loss which leads to more unemployment, which leads to less revenue which will lead to bigger deficits.
So that means what we really need to do is print more money so we can spend more on a new infrastructure stimulus plan to put people back to work. Sounds strange but there is a dual benefit here.
By printing more money, we devalue the dollar which actually makes our debt worth less. Also we will be using that money as an economic stimulus which will put people back to work, which will increase tax revenue, which will stabilize deficits in the long run.
Print more money! Spend more! Vote Democrat!
People seem to be obsessed with trying to fix our deficit problem right now for some insane reason, but all reasonable people know that with the economy in the shape it's in, it would be impossible to balance the budget. So has a compromise, we should look to long term debt stabilization.
Obviously cutting spending in a recession is a ridiculous notion because the consequence will just be more job loss which leads to more unemployment, which leads to less revenue which will lead to bigger deficits.
So that means what we really need to do is print more money so we can spend more on a new infrastructure stimulus plan to put people back to work. Sounds strange but there is a dual benefit here.
By printing more money, we devalue the dollar which actually makes our debt worth less. Also we will be using that money as an economic stimulus which will put people back to work, which will increase tax revenue, which will stabilize deficits in the long run.
Print more money! Spend more! Vote Democrat!
OK, but the USA doesn't control the dollar, it is not a function of government.The United States of America
sounds good on paper but our debt is not valued buy dollars . our debt is valued at how much gold we borrowed so that wont help.
This is what Germany did and failed miserably.
A wheelbarrow of fiat money used to buy a loaf of bread in Weimar Germany
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OK, but the USA doesn't control the dollar, it is not a function of government.
It is possible to inflate currency with out going to the point of hyper inflation. We do it all the time as do most countries in the world. Not every act of devaluing currency results in the country turning into Zimbabwe. That's a worst case scenario, not a typical result. It's also controllable.
Is Bernanky a good chairman? How about his predecessors Greenspan and Volker?
Unfortunately we do not have exports, so devaluing the money will not solve the problem but only prolong it.
Have you researched Fiat Currency also have you read modern money mechanics ? it explains how this was all designed to FAIL.\
What i find comical is that you believe what you read in the papers and watch from the media,
they are all supporting the current system, those that are inept to think for themselves are happy on the 9-5 schedule to go home pop in their TV dinner and strap in for more lectures. Get real Dan! stop jocking the pop culture ideals![]()