California Girl
Rookie
- Oct 8, 2009
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- Banned
- #41
I think the best thing I can do for my country and myself is to make every financial decision in a capitalistic manner.
I'm not saying you're morally wrong or anything, just saying that doesn't sound like a fiscally conservative approach.
I don't care what it 'sounds like'. I would certainly invest in the United States of America... because I believe it's a solid investment. If they offered bonds to help pay down the debt, I would most certainly give it very serious consideration to invest in. I would, of course, want to see the fine print. I don't trust the government to use my investment for the purpose of paying the debt so I'd need to see a solid ringfence for the money.
Most of us who remain debt free know that throwing money at a money problem never fixes the money problem..
Hence, I would be looking for a guarantee that any bond I bought was to go directly to, and only to, paying down the deficit. Like you, I don't believe that 'throwing more money' at problems will fix the problems, but we could actually fix the deficit problem by throwing money at it.