It's half the equation...........without cutting Mandatory spending and unfunded liabilities.........we are still screwed ......not to mention the Mt.Everest of fiat currency floating on the earth.
Have you ever voted for anyone that wanted to cut mandatory spending?
There is nothing wrong with fiat currency. no more of an issue than the gold standard since it was the government that told you how much the gold was worth
BS..........215 Trillion plus for private.......and that's older data.......
Almost another 100 Trillion with Gov'ts puts the value of fiat currency at 315 Trillion.........Never created and assets at a small fraction of it........it is designed to implode and reset the world........
Look at the IMF and look for the key words Global Reset and get back to me.
Your a dang globalist.............when the house of cards falls and it happens you'll see.....
You were OK when I gave you ways to increase revenue via taxation........but don't have the guts to say what we have to cut to end the situation........
Because you are a liberal.......always have been while claiming to be a libertarian.....which by your posts you are not........otherwise you'd understand the Federalist Papers better........
The fiat currency machine and the casino of it on the markets will screw the earth in time.