Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: Kartographer

Nonsense. Feds will make good on the deposits. Otherwise, it’s an immediate worldwide collapse. A default on this guarantee would be as catastrophic as a default on sovereign debt.


9 posted on 08/22/2012 2:02:27 PM PDT by Ken H
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Ken H
"Nonsense. Feds will make good on the deposits."

And how? By printing more money? That will work.
10 posted on 08/22/2012 2:06:45 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
[ Post Reply | Private Reply | To 9 | View Replies ]

To: Ken H
Printing more Ben Franklins...isn't the answer.
11 posted on 08/22/2012 2:10:37 PM PDT by Osage Orange ("Were we directed from Washington when to sow, and when to reap, we should soon want bread.")
[ Post Reply | Private Reply | To 9 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson