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To: ChicagoConservative27

How many billions or trillions is this going to put our Grandchildren on the hook for?


24 posted on 01/21/2021 11:32:22 AM PST by fella ("As it was before Noah so shall it be again,")
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To: fella

Stuff like this can destroy the economy so completely that there won’t be anything for our grandchildren to repay.

Probably we will be looking at a “currency reset” where ten old dollars can be redeemed for one new dollar—that is how they do it in the rest of the third world.

Of course your taxes, fees, mortgages and other debt must be paid in the same amount of “dollars” as before (effectively multiplying them by ten in this example) while your wages are paid in the “new dollars”, so now all but the very rich are in deep financial trouble.


27 posted on 01/21/2021 12:04:49 PM PST by cgbg (A kleptocracy--if they can keep it.)
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