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If you have to ability to issue notes, ie federal reserve notes, then you can never run out of money. People could try to say I dont want that money, I wont trade my commidity in that currency or note, then the worlds biggest military evil machine ever concieved will come at you and kil you and your family and take everthing you have. They will keep the miltary machine running at all costs, including social security, healthcare, education, infrastursture, jobs, ect.
The whole system has gone upside down. People need to be encouraged to save more and spend responsibly. But businesses have become too big, ergo too hungry for cash. I actually received a letter from a credit card company saying I wasn’t using their card enough! The greed is endless. And greed is senseless, because we all die anyway. There’s no sense in having a huge pile of money and worthless junk when you’re dead.
You can’t sustain a system that bleeds value out of itself through wage profits, rents and interest. These are all phoney. It’s a ponzi scheme that has gone on for 500 years and the chickens are coming home to roost.
I no longer have any credit cards to put me into debt! I had defaulted on my credit cards in 2006. I will not take any credit cards again!
Greece is pathetic, only the US is worse. Welfare and poverty for all.
People make a rational decision not to save when the Federal Reserve keeps the interest rates artificially low. Savings accounts and CD’s don’t get yields higher than the rate of price inflation/dollar debasement. We need market driven interest rates, not centrally planned interest rates. This 20-year Fed policy has created a debt-based consumption economy instead of a savings-based production economy. the transition will be painful, but fruiful and necessary.
hahaha,as long as we got osama binladen,that’s the most important thing,we can live in dept for 1000 years,
there is no debt crisis, america just needs to print more money…
Join Sarah Palin, Mike Huckabee and John Boehner in cutting, capping and balancing the US budget. Click below to sign the petition to fight the government spending.
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@fleetingdays
You are a fucking idiot.
@singledad1234 I couldn’t agree more. Satan is destroying from within.
Spot on!
i think poppy is a great porn actress name, i bet she will do fine after the collapse