> RoMunn wrote:
> the debt, or by the US printing a huge amount of money and devaluing the
> currency. That day is coming, make no mistake.
>

And here's why that's NOT going to happen: the US can't afford it.

Like it or not the US, for a loooooonnnngggg time, is going to depend
on foreign credit.  The very first day it screws it's creditors it
goes under.

So, as I've said, there are only 3 choices:

1.) Default.

2.) Inflation (your suggestion), or

3.) Raise taxes & lower spending.

The only option the US can afford is #3.  Unless we want another crisis.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~|
Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to 
date
Get the Free Trial
http://ad.doubleclick.net/clk;207172674;29440083;f

Archive: 
http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:288189
Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm
Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5

Reply via email to