Frank and Ernest by Thaves for February 18, 2010
February 17, 2010
February 19, 2010
Transcript:
Tonight's lecture: Your share of the national debt Frank says, "That explains my credit rating."
poppy1313 about 14 years ago
We are all in deep Do Do
Roadrunner Premium Member about 14 years ago
We can always inflate the currency awhile so the dollar is not worth anything (big change huh), pay China off with a devalued dollar, then do what the French did and start printing the “new dollar” ( knock off the last six zeros). Problem solved, no more debt, but likewise, no one to borrow from, but who cares, lets just leave the problem to our grand kids to solve!!
freeholder1 about 14 years ago
we were fine as long as we owed the money to the Fed. What China is going to want from the investment is inscrutable.