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To: MtnClimber

I have a question about all these “public debt crises” (including ours).

Since these debts are not depleting gold reserves, and since they are covered by printing pretty little slips of paper or by punching keys on a keyboard, sending electrons from one place to another, who cares?


6 posted on 12/12/2025 5:17:33 AM PST by Jim Noble
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To: Jim Noble

“who cares?”

If the bank pays 4% and the stores raise prices by 6%, savers lose 2% a year.


9 posted on 12/12/2025 5:21:16 AM PST by Brian Griffin
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