[cva66snipe]

Question to all: Let's say we "Pay off our mortgage" of several trillion dollars. Those with an understanding of the federal reserve system understand that this means taking several TRILLION dollars of liquidity out of the banking system. YES MARTHA! THAT'S THE ONLY WAY IT CAN HAPPEN! So... the $64,000 question is what will that do to the economy. Hint: A depression that will make the 1930's look like the 1920s.

Paying off the mortgage MEANS having a balanced national budget and having government live within it's means. Now I don't have a fancy diploma from Liberal U but I do understand that IF I spend more than I take in I quickly have payments I can not even make the interest on. That means eventually bankruptcy. But I don't think you even actually read the article anyway.

[AmericaUnited]

Paying off the mortgage is not the same thing as not going deeper into debt.

But I don’t think you really read and understood my reply.

You would have to understand how federal debt comes into existence.