Home › Forums › Financial Markets/Economics › Job Creation w/o Added Debt, Taxes or Inflation
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cr.
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December 1, 2008 at 6:23 PM #310917December 1, 2008 at 6:41 PM #310449
stockstradr
ParticipantThe dollar is toast. The Fed ponzi scheme is almost up.
I give arraya credit for posting the quintessential answer in this thread. Of course, only flaw in the arraya post is that USA will NOT directly default on debt when we own the printing press for the currency of denomination of that debt. We will indirectly default by printing money to devalue our currency, thereby paying back the debt with ever more worthless currency.
December 1, 2008 at 6:41 PM #310812stockstradr
ParticipantThe dollar is toast. The Fed ponzi scheme is almost up.
I give arraya credit for posting the quintessential answer in this thread. Of course, only flaw in the arraya post is that USA will NOT directly default on debt when we own the printing press for the currency of denomination of that debt. We will indirectly default by printing money to devalue our currency, thereby paying back the debt with ever more worthless currency.
December 1, 2008 at 6:41 PM #310836stockstradr
ParticipantThe dollar is toast. The Fed ponzi scheme is almost up.
I give arraya credit for posting the quintessential answer in this thread. Of course, only flaw in the arraya post is that USA will NOT directly default on debt when we own the printing press for the currency of denomination of that debt. We will indirectly default by printing money to devalue our currency, thereby paying back the debt with ever more worthless currency.
December 1, 2008 at 6:41 PM #310855stockstradr
ParticipantThe dollar is toast. The Fed ponzi scheme is almost up.
I give arraya credit for posting the quintessential answer in this thread. Of course, only flaw in the arraya post is that USA will NOT directly default on debt when we own the printing press for the currency of denomination of that debt. We will indirectly default by printing money to devalue our currency, thereby paying back the debt with ever more worthless currency.
December 1, 2008 at 6:41 PM #310922stockstradr
ParticipantThe dollar is toast. The Fed ponzi scheme is almost up.
I give arraya credit for posting the quintessential answer in this thread. Of course, only flaw in the arraya post is that USA will NOT directly default on debt when we own the printing press for the currency of denomination of that debt. We will indirectly default by printing money to devalue our currency, thereby paying back the debt with ever more worthless currency.
December 1, 2008 at 11:49 PM #310524sdduuuude
Participant[quote=Bryan]Vote to End The Fed.[/quote]
HAHAHAHAHAHA.
Funny one. Reminds me of Monty Python and the Holy Grail. “You don’t vote for kings.”December 1, 2008 at 11:49 PM #310887sdduuuude
Participant[quote=Bryan]Vote to End The Fed.[/quote]
HAHAHAHAHAHA.
Funny one. Reminds me of Monty Python and the Holy Grail. “You don’t vote for kings.”December 1, 2008 at 11:49 PM #310913sdduuuude
Participant[quote=Bryan]Vote to End The Fed.[/quote]
HAHAHAHAHAHA.
Funny one. Reminds me of Monty Python and the Holy Grail. “You don’t vote for kings.”December 1, 2008 at 11:49 PM #310931sdduuuude
Participant[quote=Bryan]Vote to End The Fed.[/quote]
HAHAHAHAHAHA.
Funny one. Reminds me of Monty Python and the Holy Grail. “You don’t vote for kings.”December 1, 2008 at 11:49 PM #310995sdduuuude
Participant[quote=Bryan]Vote to End The Fed.[/quote]
HAHAHAHAHAHA.
Funny one. Reminds me of Monty Python and the Holy Grail. “You don’t vote for kings.”December 2, 2008 at 12:11 AM #310544CA renter
ParticipantBryan said:
Though the government does not produce anything.
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But what, exactly, does the financial industry “produce” and why are they more worthy of our tax dollars than the workers of this country?
I think raising cap gains taxes (they should be taxed as ordinary income, IMHO) while streamlining govt spending would do wonders for this country. It wouldn’t solve all our problems, but would help minimize the damage we have to deal with in order to get our economy back on track.
December 2, 2008 at 12:11 AM #310906CA renter
ParticipantBryan said:
Though the government does not produce anything.
————————–
But what, exactly, does the financial industry “produce” and why are they more worthy of our tax dollars than the workers of this country?
I think raising cap gains taxes (they should be taxed as ordinary income, IMHO) while streamlining govt spending would do wonders for this country. It wouldn’t solve all our problems, but would help minimize the damage we have to deal with in order to get our economy back on track.
December 2, 2008 at 12:11 AM #310933CA renter
ParticipantBryan said:
Though the government does not produce anything.
————————–
But what, exactly, does the financial industry “produce” and why are they more worthy of our tax dollars than the workers of this country?
I think raising cap gains taxes (they should be taxed as ordinary income, IMHO) while streamlining govt spending would do wonders for this country. It wouldn’t solve all our problems, but would help minimize the damage we have to deal with in order to get our economy back on track.
December 2, 2008 at 12:11 AM #310950CA renter
ParticipantBryan said:
Though the government does not produce anything.
————————–
But what, exactly, does the financial industry “produce” and why are they more worthy of our tax dollars than the workers of this country?
I think raising cap gains taxes (they should be taxed as ordinary income, IMHO) while streamlining govt spending would do wonders for this country. It wouldn’t solve all our problems, but would help minimize the damage we have to deal with in order to get our economy back on track.
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