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To: Starboard
Our politicians are destroying the future of our children. The debt is going sweep over them like a tidal wave.

Don't be deceived they are destroying the future of all Americans.

This borrowing thing does not put off the pain to some future date the monetizing of the debt is a tax on anyone holding US dollars or instruments valued in dollars or that must be payed in dollars if you prefer.

It is the same thing as a company issuing new stock it devalues the existing stock.

You can not Quantitatively Ease the currency with devaluing the currency.

20 posted on 07/29/2015 4:15:10 PM PDT by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
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To: Pontiac

Even Greenspan is concerned about government spending. His description of it: “extremely dangerous”.

(I know, he was part of the problem but its good that anyone is openly warning about it.)

http://www.newsmax.com/Finance/Economy/alan-greenspan-government-spending-economy/2015/07/30/id/659602/


24 posted on 07/30/2015 7:30:18 AM PDT by Starboard
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