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I believe Germany tried that in the 20's. Did not end well.
Actually...kind of interesting, Germany wasn't allowed to pay their war debts with their currency, you might want to study what happened in more detail.
Actually...kind of interesting, Germany wasn't allowed to pay their war debts with their currency, you might want to study what happened in more detail.
Actually...kind of interesting, Germany wasn't allowed to pay their war debts with their currency, you might want to study what happened in more detail.
Why would you allow a nation that is willing to grossly debase their currency to pay you in their own currency? That was the original point. Let alone the caustic effects domestically.
And increase our police funding to deal with hungry folks, double our prisons.
Oh and the inevitable malnutrition for the next generation will of course drop our GDP several points as well.
Yeah sounds like a GREAT idea.
Im on board with the military side though.
Why would people go hungry without welfare? Just give huge incentives to churches and corporations to dramatically increase charitable contributions and essentially privatize welfare.
People join a church, they stay in their shelter, they eat there. They learn some morality, they learn to do for others. Get the government out of charity.
Why would you allow a nation that is willing to grossly debase their currency to pay you in their own currency? That was the original point. Let alone the caustic effects domestically.
Not arguing that at all, just pointing out the difference here. But its this very difference that caused the hyperinflation. Germanys war reparations killed them economically.
So is math full of bull or are the .gov sources full of bull? Shadowstats was using government sources for the displayed graphs, yet you claim it's bull.
Care to explain why you hate Obama so much?? His Executive branch is the source for the tables you hate.
It's NOT "where they get the data".
It's "WHAT THEY DO WITH IT".
They MANIPULATE the data using arbitrary "adjustments" that they just decide to make up to give them the result they want.
That's NOT "statistical analysis" - that's "statistical manipulation".
And increase our police funding to deal with hungry folks, double our prisons.
Oh and the inevitable malnutrition for the next generation will of course drop our GDP several points as well.
Yeah sounds like a GREAT idea.
Im on board with the military side though.
Imagine if the $1T we spend on welfare a year was kept in society, how many jobs could be created, or even better, how many we'd stop exporting because of the higher taxes needed to substain it.
Our debt has been rising faster than GDP and now exceeds it. Your argument contrary to the facts.
Except that GDP is a COMPOUNDING factor whereas the yearly increase in the debt is not - that's WHY the debt to GDP ratio was greater in 1918/1919 and 1945 than it is TODAY.
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