There will come a time when they won’t be able to print money like it’s growing on trees. Then Social Security will collapse.
When the Dollar ceases being the World Reserve Currency, look out. It’s coming.
“There will come a time when they won’t be able to print money like it’s growing on trees.”
That time will never come. Remember the Weimar Republic. One man said his father spent 20 years paying up on an insurance fund, with 20 years of hard, decent money, and when he got it, he went and bought a loaf of bread.
Yes. Only reason US $ is strong is because other countries are in worse trouble. But that can not stop inflation. The government stole 9% of all assets via inflation during last 12 months. The government has the tiger by the tail. If they stop printing money, Military budgets will be cut and benefits such as Medicare, social security, and the thousand different welfare programs run out of money. If they keep printing money all the entitlements and welfare can continue with obnoxious inflation. We are screwed! Debt is like 35-40% higher than GDP now. Which simply means we can not pay any part of principle and reduce national debt.
When the Dollar ceases being the World Reserve Currency, look out. It’s coming.
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And the new China, Russia, India, Iran, ME, SA, and Brics alliance will make it happen…..3/4 of the world’s population says so.