Meathead
1 Nov 2012
USA, Canada / Emigrate from the USA - the sequence of events [207]
The debt is not the problem, the problem is our balance of trade. We import too much crap (40 billion/month). When you import you lose jobs that pay taxes. Get it? To cut the deficit you need revenue. Bernanke is keeping money circulating so that we don't have a 1930's style deflation which led to DEPRESSION. You cut the deficit, you cut jobs. Switzerland has pegged the Swiss franc to the Euro, to prevent the Swiss from going over the border and shopping in Europe for the same reason. When your currency becomes overvalued you lose jobs. Google, "the deficit is good".
To have inflation you have to have demand for goods (too much money chasing too few goods). There is too much unemployment to have inflation. Aren't you unemployed?
t won't be just nice, it's a necessity for us to stop that printing money and increasing debt nonsense.
The debt is not the problem, the problem is our balance of trade. We import too much crap (40 billion/month). When you import you lose jobs that pay taxes. Get it? To cut the deficit you need revenue. Bernanke is keeping money circulating so that we don't have a 1930's style deflation which led to DEPRESSION. You cut the deficit, you cut jobs. Switzerland has pegged the Swiss franc to the Euro, to prevent the Swiss from going over the border and shopping in Europe for the same reason. When your currency becomes overvalued you lose jobs. Google, "the deficit is good".
Meathead,think inflation lol.
To have inflation you have to have demand for goods (too much money chasing too few goods). There is too much unemployment to have inflation. Aren't you unemployed?