Golden Tankard

ECU20012005

Joined: 10/23/2012 Posts: 326
Likes: 291


Buc and the author will say personal debt and national debt are completely


different because the government creates money while we don't personally create our own currency. The issue I have with this "no debt matters" approach is inflation. Just because you can create/print money doesn't mean you should. If you print money, you devalue our currency. Then, the minimum wage has to be increased because the dollar doesn't go as far. You can't print your way to success.

(In response to this post by trinitypirate)

Posted: 03/24/2021 at 12:32PM



+1

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Current Thread:
 
  
Probably both -- bucinor 03/24/2021 10:05AM
  That goes right over Bucs head ** -- fuquaypirate 03/24/2021 12:37PM
  Like most things. ** -- JS-Pir 03/24/2021 3:19PM

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