I thought to myself, that this boy has a future in politics...
You should show him some of the pictures you can find on the web when looking for “Weimar Republic” pictures.
You’ll find one or two where a wheelbarrow full of German Marks are what it takes to buy a loaf of bread.
Back in the 70s, I was stationed in Europe and went TDY to Italy several times. They used to have a 1 Lira coin - aluminum, not worth squat...they got very scarce...it turned out clothing manufacturers found it easier to use them as “button backs” than to go to the trouble of making something else out of some other material...
If the Dems take the House it will happen before the end of January, 2015
No budget. No debt limit. What could possibly go wrong?
hmm..infinity...about matches the world’s “investment banking” derivative exposure at this point...WHY NOT? /s
I’d like to ask him “Is there any level of debt the Federal government should not exceed?”.