"the figures show the public debt doubling by 2019 and reaching three-quarters the size of the entire…"
“the figures show the public debt doubling by 2019 and reaching three-quarters the size of the entire national economy”
– White House projects bigger deficits, bigger debt – Yahoo! Finance
Surprise surprise. “We want to spend!” </dems> regardless of whether they have funds.
Hey… The rest of the world is spending beyond their means, why can't the government. It's not like it's REAL money… Once we abandoned the Gold Standard, it stopped being real money and became Monopoly money we can print whenever we want…
Well, I’ve never been one to do something just because everyone else was doing it : )
Technically speaking Gold is only worth the value people put on it. It’s less susceptible to inflation because you can’t just make more gold. I would much rather be on a barter system. I’ll trade you some chickens for a new computer.
It's not like the people of the United States can bail out the government. When you add private debts to the government deficit we are already several times the annual gross domestic product in debt.
Well, I've never been one to do something just because everyone else was doing it : )
Technically speaking Gold is only worth the value people put on it. It's less susceptible to inflation because you can't just make more gold. I would much rather be on a barter system. I'll trade you some chickens for a new computer.
Surprise surprise. “We want to spend!” </dems> regardless of whether they have funds.
Hey… The rest of the world is spending beyond their means, why can't the government. It's not like it's REAL money… Once we abandoned the Gold Standard, it stopped being real money and became Monopoly money we can print whenever we want…
It's not like the people of the United States can bail out the government. When you add private debts to the government deficit we are already several times the annual gross domestic product in debt.
Well, I've never been one to do something just because everyone else was doing it : )
Technically speaking Gold is only worth the value people put on it. It's less susceptible to inflation because you can't just make more gold. I would much rather be on a barter system. I'll trade you some chickens for a new computer.