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  • Let's Just Say It: Print More Money [View article]
    Consensus opinion on Article?

    For? Anyone....

    Jan 23 13:12 pm |Rating: 0 -1 |Link to Comment
  • Let's Just Say It: Print More Money [View article]
    Yes indeed, here I go to buy a gallon of milk with my "debt", what? what do you mean I have to have money.

    All money is debt, I get paid in debt. You have to accept it.

    I guess there will be no milk today.

    Oh, will you take a credit card? Great, milk, got milk.

    The USD is the currency of this country. This currency is accepted in the US of A. It is not Debt. Credit is debt.
    Issuance of Treasuries regardless of type are Credits given us by other nations. Eventually that credit will be repaid But just like we repay over time, so will the USA.

    The problem then is when will the Credit limit be reached? I do not know, no one knows. As long as the USD remains strong, the limit has not been reached.

    Assets VS Debits, Accounting 101, in my paws, it remains an asset. (Alpha Male, Wolf pack #1).

    Or, in human terms, Society's type A's. Can a Mensa be an Alpha Male?
    Jan 23 11:02 am |Rating: +1 -6 |Link to Comment
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