But they can just print more money and that will make everything OK, right?
As Walter Williams says, when someone is caught counterfeiting, they should just say they were engaging in monetary policy.
Some of us have been fighting this spending MADNESS for many years.
Unfortunately, not many others felt it was – or would become – a serious problem.
Trust me, it is NOW A SERIOUS PROBLEM, one the feds may not be able to print their way out of.
What saddens me most is that Newt either squandered or let slip HIS chance to get a grip on it. And, no, I’m NOT picking on Newt. WE’RE ALL GUILTY!!
In this 2 minute clip, he seems to be trying to tell us that he took a shot at it:
http://www.youtube.com/watch?v=lIo8FJJMps8
***As Walter Williams says, when someone is caught counterfeiting, they should just say they were engaging in monetary policy.***
That would be hilarious if it wasn’t so depressingly true.