….our “reserve”currency allows us to print money at will to cover debts.
INSIDE Zimbabwe the Z $ had become (and is) worthless…destroying their economy and faith in PAPER….”full faith…”
OUR CURRENCY SAYS:
“this note is legal tender for all debts private and public” FEDERAL RESERVE NOTE
In Gd we trust
U.S. Treasury
Z style inflation….. the electronic notes are cast…..to cover the debts we cannot pay….to me $14 TRILLION current IOU’S is rather significant…..we would need to create $14T fiat to pay them off....but it grows and grows as we dont pay them off, add more to it and JUST pay the interest....DOESN'T ANYONE CARE?
IN a US led FED ponzi scheme….we just keep selling more bonds….(which are as US currency) and FED balance sheet (doubled in 1 yr)more funny money….yeah…that’s inflation…and WILL effect prices at some point, has to .
What pray tell is more important than the efficacy, the value of our countries currency? ASK OBAMA, ASK BIG BEN....ask all of them in COngress....who has a clue? win one battle, delay inevitable, lose the war?
Duratek
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