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To: entropy12

Do you believe the Fed’s electronic money printing can go on forever?


173 posted on 12/27/2014 6:15:45 AM PST by jacquej ("You cannot have a conservative government with a liberal culture." (Mark Steyn))
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To: jacquej

Fed printing, whatever amount it takes, has been going on since 2008. The problem is they can NOT stop. FED has already used up their most potent weapon, interest rates, which have been ZERO for 5 years already. And economy still is tepid at best. If FED stops printing, where will the US Treasury get the money to cover Trillion dollar deficit spending year after year?

FED printing can only stop after the US dollar loses all value and there is complete implosion of US economy. Only then people will wake up from the legal marijuana high and may be, just may be elect a sane set of politicians who will balance the budgets.

The greatest danger to USA is not Russia, China, Ebola, ISIS, Muslims, or Global warming. The greatest danger is the national debt. It is growing faster than our ability to pay back principal and interest. All superpowers in history met their demise by overspending and foreign military adventures on borrowed money. We are well on the way.


174 posted on 12/27/2014 9:28:04 AM PST by entropy12 (Dumb and Dumber to borrow money from China to protect oil flow to China from middle-east.)
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