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To: 4Liberty
There is too much debt out there. We can and should allow bad loans to be removed by calling them in. Looks like the Fed and Trump will keep printing money to cover banks with insolvent loans, and underfunded public pensions. If we keep printing money, the inflation tax will be imposed on future generations. It also hurts bond holders who only get a fixed return- as price inflation will continue.

Is now the time to do that?

I agree with you - I just am not sure now is that time to let so many businesses fail all at once.

117 posted on 03/15/2020 2:46:42 PM PDT by Fury
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To: Fury

Yup... this is a multiple administration, multi-decade, mismanagement problem — NOT Trump’s fault!!! Wondered if the house of cards would come down, this year, before the election. Debt levels are so high - I have been cringing, waiting, to see if DS would use this to hurt POTUS Trump. Maybe they (Trump and Treasury) can temporarily prop things up, “one more time” with additional “liquidity” (printed money), til they have the chance to work with Rand Paul and fiscal conservatives to right things - just don’t know....


167 posted on 03/15/2020 3:12:54 PM PDT by 4Liberty (BERNIE SANDERS: A CRUSTY, ANTI-AMERICAN WEIRDO. - Kurt Schlichter)
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