[”Attack of the debt tsunami”: Coronavirus pushes global debt to record high]
We just need to “print” more money. That’s what Alan Greenspan once said. I mean Mr. Andrea Mitchell.
Maybe a Global Reset will fix everything. Yeah, that’s the ticket.
Greenspan: US “Can Pay Any Debt It Has Because We Can Always Print Money” (video)
http://www.freerepublic.com/focus/f-news/2760087/posts
You don’t even have to print the money. Just have the Federal Reserve buy up all the debt, then issue fiat money to cover any new credit that is extended, thus “creating” negotiable legal tender out of clear air.
Much of the “wealth” of this country exists only as a data entry in a bookkeeping scheme that would leave Ponzi gasping in both shame (for being such a piker) and admiration (for being so audacious).