To: reed13k
They can't pull a Volcker with $30 trillion debt, almost all of which is in short term T-Bills due to roll over soon. They would bankrupt the Federal government and many states and municipalities.
Unless they decide to go full oligarchy and provide "special" financing to government while forcing the rest of us to pay high interest to finance it. Then we'll have a fraudulently-elected government raising taxes via interest rate subsidies without representation.
11 posted on
02/13/2022 8:32:24 PM PST by
pierrem15
("Massacrez-les, car le seigneur connait les siens" )
To: pierrem15
Well...if they don’t then they won’t kill inflation....so like I said let’s get the pain over with.
12 posted on
02/13/2022 8:34:14 PM PST by
reed13k
(For evil to triumph it is only necessary that good men do nothing)
To: pierrem15
...Unless they decide to go full oligarchy and provide "special" financing to government while forcing the rest of us to pay high interest to finance it. I believe that you are correctly describing their plans.
19 posted on
02/13/2022 8:53:26 PM PST by
flamberge
(Believe half of what you see, and none of what you hear)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson