Posted by slowmoe on 8/29/2012 9:30:00 PM (view original):
"you should be worried about deflation, not inflation"
Deflation? How are all the debts going to be paid? Is it that you just can't fathom 20 Trillion dollars? When you owe more than you have, and the ability to just print more money, what do you think is going to happen? Do you think we can just keep this up? Does even your progressive wonderworld have a limit? Apparently not.
debts don't have to be paid
that's the thing about debts
the debtor can always say **** it, i'm broke, come get blood from a rock china
(wait wait that was an example from american life, i don't know how china got in there at the end)