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Old 09-05-2007, 10:46 PM   #39 (permalink)
Brutha
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Join Date: Nov 2006
Location: Berlin, Germany
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Quote:
Originally Posted by Lil Chris View Post
Consider this my voting friends...
You can never get out of debt if you get charged a fee plus interest to print the money you use to get out of debt...
Yes, it is supposed to be this way. Countries should print money to get out of debt because that creates a massive amount of inflation.

After Ron Paul there is printed to much money that reduces the debt (the inflation tax argument, the debt shrinkes because of inflation).

Debt has to be reduced by cutting spending and/or increasing tax revenue.
Quote:
Furthermore,
There is nothing FEDERAL about the federal reserve, it's a private company, not a government agency...
It is neither a private company nor an goverment agency. But it doesn't really matter, what matters are it's actions.
Do you think that Alan Greenspans action were bad for America?

Quote:
Nothing that is evil could ever be necessary.
It is okay to live in your dreamworld with 15, but the world is complecated. Yin and Yang everywhere, you don't get one without the other.
Quote:
should read Paul is a real liberal. Current liberals are socialists, libertarians are liberals in the true sense of the word.
After Wikipedia you can be both liberal and conservative. Debating these labels doesn't really lead anywhere through.
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Talking about this in terms of “bad news” or “bad judgment by business leaders” seems archaic. It’s like describing World War One as “a serious diplomatic concern.”
Bruce Sterling about the financial crisis.
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