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To: bmwcyle; FreedomPoster

———They are trying to bring America to its knees——

No, the actions are to devalue the debt. Compounded over time, the inflation (debasement) rate will reduce the debt in future dollars. A constant rate of 7% inflation compounded will halve the debt in about 10 years.


22 posted on 09/14/2012 5:02:37 AM PDT by bert ((K.E. N.P. N.C. +12 ..... Present failure and impending death yield irrational action))
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To: bert

It will not work.


28 posted on 09/14/2012 5:24:02 AM PDT by bmwcyle (Corollary - Electing the same person over and over and expecting a different outcome is insanity)
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