tenthertoo
...worst of all I'm DULL
When a person's debt gets out of control they can take bankruptcy and start out clean. Nation States can't do that, they have only two choices repudiate their debt (it's been done before-but not the U.S. - YET) or promote hyperinflation. When currency stamped "Millions" is recalled and stamped "Billions" the nation can pay off its debt with a month's income.
It has begun, a 50 cent can of peas now costs a buck and a half and going up every month.
When the savings of a lifetime can't buy a day's groceries people will finally (too late) come to their senses.
It has begun, a 50 cent can of peas now costs a buck and a half and going up every month.
When the savings of a lifetime can't buy a day's groceries people will finally (too late) come to their senses.