What proof do you have that constitutional restrictions would work to keep government within defined boundaries? Over 200 years of history.
So…We keep spending. What comes Next? And Next? And...
- Thread starter Kurmugeon
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What will cripple us is when the world decides that another currency is going to be the reserve. The reality is this game can only last until that change happens and the more we play the more we hasten the end, and history absolutely will tell you that it will one day be replaced as the reserve.
It is immoral to never prepare for what we know will come, to let future generations pay the price for our follies.
Yes, it will be so funny.
No, it isn't. It would include the ability to react to crises. You assume foolishly.
This would not be what a balanced budget amendment would do.
Although it isn't difficult to imagine it, there are several religions that do not allow debt.
Ignorance of history does not make you sane, Dung. Those who ignore it are doomed to repeat it.
Yes, the issue here is my ignorance of history. It's not your subscription to views that one might find at a survivalist meet up.
Hey, I'm sure they were all giggles about the Pound back in the 60s and just before the Dollar overtook them.
As I said the only security we have currently is that while our economy is weak, others are weaker. It won't always be, Dung.
Tell me what currency has lasted forever as the reserve? Tell me also what happened to their economies when the next one pushed them out. It isn't pleasant, and will be less so if we do not take action on the absolute knowledge that it will not last forever. We cannot keep playing this game, and to do it deliberately ignoring history takes a purposeful total collapse of all thought.
Even you, one of the largest apologists for the Ds that I know, cannot possibly believe that because right now our economy is less weak than the others we'll forever have the reserve currency that we can devalue as much as we want...
This isn't about survivalists. It is about history. Have I told you to go buy a hole and start living in it? No. That's your own absurdity, probably a defense mechanism you use so you can ignore the result inherent in the past, history is replete with examples of morons who think the status quo will go on forever.
We're talking macro economics, not your backyard shelter and stores of food. This thread isn't about Doomsday prepping it is about the fact that devaluation and overspending will make the transition from reserve currency much more difficult.
It's an inane question, Dung, that ignores history. 20 years before the dollar overtook the British Pound as the reserve currency there was some moron asking this same question while ignoring that they had overcome a different reserve from before...
And again, this isn't about your stock or whether your wife is a groupon member.
I know you are disingenuous purposefully, but your attempt to degrade the conversation with the absurdam fallacy isn't working.
Some do. Have you seen Billys inventory?
