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To: Steel Wolf

It seems to me we’re basically screwed. The fed will either have the money printed or the government will raise our taxes expnoentially. One way the value of our money becomes extremely depreciated and we lose buying power; the other way our money is taken and we lose buying power. I suppose we could add it to the debt, but eventually that’s got to be paid and even then it’s printing money or higher taxes.


23 posted on 09/08/2008 11:41:31 PM PDT by djsherin
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To: djsherin
"One way the value of our money becomes extremely depreciated and we lose buying power; "

Saved, today, by the London Stock Exchange which melted down for 7 hrs today. Mostly because of bond trading (currency).

yitbos

36 posted on 09/09/2008 1:11:01 AM PDT by bruinbirdman ("Those who control language control minds." - Ayn Rand)
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