vectors101
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iraq was a modern country in the 1960's
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correlations now and 1973
- Thread starter bgp
- Start date
vectors101
Guest
US gov't will risk devaluing the currency and economic turmoil to pay off the debt of the war like a third world country would do if this war continues too long and debt will never be repaid....for centuries they will print money and use inflation to repay the debt...
currencies do become worthless when there is new regime in third world countries...the value of the piece of paper is only worth what the gov't says it's worth.
currencies do become worthless when there is new regime in third world countries...the value of the piece of paper is only worth what the gov't says it's worth.
Quote from vectors101:
iraq was a modern country in the 1960's
vectors101
Guest
the US gov't is going to spend another 50 billion dollars on some missle to shoot down another missle...25 years of research for nothing. they been on this program since 1985 star wars program how would shooting down a missle do anything...
Quote from vectors101:
US gov't will risk devaluing the currency and economic turmoil to pay off the debt of the war like a third world country would do if this war continues too long and debt will never be repaid....for centuries they will print money and use inflation to repay the debt...
currencies do become worthless when there is new regime in third world countries...the value of the piece of paper is only worth what the gov't says it's worth.
Both are prime numbers
Quote from thriftybob:
The government debt then was also a pittance by comparison. That means a recession can't be allowed to occur, because if its does, all these debt bubbles will turn into bad debt bubbles, and lenders/banks will go under right and left. So better to print more money and hope things don't blow up. Just don't ask who is expected to keep buying all the bad debt.
"recession can't be allowed"
Trying to prevent the economy from going into a recession now will only create EXTREME risk to this economy.