No. I am giving the currency to purchase the thing. Do you think the US should have paid exorbitant prices for silver in order to allow us to mint silver dollars instead of just giving you a reserve note? That would be incredibly stupid. But that's a disgression. you STILL don't seem to able to answer the question.
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Should the US pay its debts?
- Thread starter Concart
- Start date
No. I am giving the currency to purchase the thing. Do you think the US should have paid exorbitant prices for silver in order to allow us to mint silver dollars instead of just giving you a reserve note? That would be incredibly stupid. But that's a disgression. you STILL don't seem to able to answer the question.
No. I am giving the currency to purchase the thing. Do you think the US should have paid exorbitant prices for silver in order to allow us to mint silver dollars instead of just giving you a reserve note? That would be incredibly stupid. But that's a disgression. you STILL don't seem to able to answer the question.
Default means to not pay as promised. fuck off with the obfuscations.
And fuck off with your second question - you can't even be honest about the first issue here.
Default means to not pay as promised. fuck off with the obfuscations.
And fuck off with your second question - you can't even be honest about the first issue here.
Okay, bye.
Okay, bye.
dumb ass poser
this is why I have zero respect for liberals. you are too dumb to even see the forest through the trees
we defaulted as part of the new Deal as well. Creditors both domestic and foreign had lent dollars weighing just what the Founders had said they should weigh. They expected to be repaid in identical money, not money devalued to 1/35th of an ounce of gold
If you lend me $100, I can't tell you that you have to take $80 and this is not a default just because I have a bigger gun on me
PoliTalker
Diversity Makes Greatness
Hello and welcome America,
We've not spoken before. I am the rare JPP member who is polite. I also insist in being treated politely. Those who have tested my resolve on that are on my permanent ignore list. The line us most often crossed when people begin talking about me. I am not the subject. I hope we have many great and civil discussions. I'm glad you've joined us. The more thinking minds participating in the discussions, the better.
[responsible use of]
We've not spoken before. I am the rare JPP member who is polite. I also insist in being treated politely. Those who have tested my resolve on that are on my permanent ignore list. The line us most often crossed when people begin talking about me. I am not the subject. I hope we have many great and civil discussions. I'm glad you've joined us. The more thinking minds participating in the discussions, the better.
The moment we pay off our debt is the moment we go bankrupt. It's a complicated situation, but try to learn about fractional reserve banking and you'll begin to understand why debt = wealth.
[responsible use of]
yes we should but we will not.
as noted above its just not possible to do more than pay the debt service and even that will become impossible.
what happens at that point will be a pretty massive remaking of the global economic universe.
Orwell had a pretty good stab at describing what that looks like.
as noted above its just not possible to do more than pay the debt service and even that will become impossible.
what happens at that point will be a pretty massive remaking of the global economic universe.
Orwell had a pretty good stab at describing what that looks like.
yes we should but we will not.
as noted above its just not possible to do more than pay the debt service and even that will become impossible.
what happens at that point will be a pretty massive remaking of the global economic universe.
Orwell had a pretty good stab at describing what that looks like.
it also isn't possible for the globe to live as Americans live.
Imagine if the entire world had air conditioning at the rate we install this in our own homes as just one of countless examples of our excess
With less than 5 percent of world population, the U.S. uses one-third of the world's paper, a quarter of the world's oil, 23 percent of the coal, 27 percent of the aluminum, and 19 percent of the copper.
Thousands line up to break in illegally, and why wouldn't they when we are living like kings and exporting depreciation. They would be fools to keep letting global banks plunder them so we can get fatter and fatter