What exactly are you arguing here? That the monetization of our debt is a good thing? Are you in favor of the total devaluation of the dollar? Once you go down this road, you dont come back. This is the last-ditch effort to save our financial crisis. In all honesty though, its probably the only option we have left to keep us afloat. Normally once you reach this point, it snowballs all the way down. If China and other countries dump their US reserves its game over.
I'm against you accidentally stumbling against the correct answer for all the wrong reasons, mainly. I'm embarrassed for you that you compare a country trying to fight off deflation (the US) to Vimar Germany or a country with trillion dollar notes.
I'm against your ridiculous hyperbole. The mere thought that China would "dump its US reserves" is completely meaningless. firstly, how would they do that exactly? is there a bin where they just light them on fire? Secondly, what would that do to China's biggest consumer?
I'm mostly against people like you seeing a monetary and economic system crumble and instead of taking time to analyze exactly why it happens, repeat a bunch of one liners from lunatics like alex jones and blaming it on a shadowy cabal of jews, grays, and lizard people instead of referencing the plethora of literature written on this subject and coming to better conclusions.
You believing in a NWO pulling the strings behind the scenes is no dumber than Jangler thinking the housing crisis is due to blacks buying homes they can't afford, or g5jamz thinking the economic collapse is due to Obama's socialist policies, or pstall barely even being able to pour himself a bowl of cereal in the morning.
well if you're going to live in a government driven welfare state like the US has been since the 1930s then it makes sense to follow a monetary system that allows for fractional reserve banking and compound finance etc
i mean its a whole lot better than digging metal out of the ground and saying it has value.
Carruth’s attorneys argue that statements Cherica Adams made to a paramedic, a nurse and police implicating Carruth after the shooting should not have been used in Carruth’s 2001 trial because they couldn’t cross examine her.
your honor we were unable to cross examine the maker of the comments because our client killed her therefore the testimony of these people is inadmissible.