Home › Forums › Financial Markets/Economics › Job Creation w/o Added Debt, Taxes or Inflation
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December 1, 2008 at 6:23 PM #310444December 1, 2008 at 6:41 PM #310855stockstradrParticipant
The 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 #310836stockstradrParticipantThe 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 #310812stockstradrParticipantThe 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 #310449stockstradrParticipantThe 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 #310922stockstradrParticipantThe 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 #310887sdduuuudeParticipant[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 #310931sdduuuudeParticipant[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 #310995sdduuuudeParticipant[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 #310913sdduuuudeParticipant[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 #310524sdduuuudeParticipant[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 #310906CA renterParticipantBryan 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 #311016CA renterParticipantBryan 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 renterParticipantBryan 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 renterParticipantBryan 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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