When is it going to register with people that we don’t have any money? We’re trillions in the hole. We can’t even see daylight anymore.
I recently watched one of the half-hour news shows, first time in years, and the first three stories were:
We need more money to stop mosquitos by spraying pesticides in every neighborhood.
We need more money to pay for additional security screeners at the airports so lines can be shortened.
We need more money for after-school programs in urban centers.
There is no more money. It’s gone. We are so screwed as a country.
We have money.
Its backed by good feelings and best wishes, ie the same things you’ll find in the greeting card section of your favorite store,
But they keep printing it and its still floating around out there. And as long as fractional reserve lending and themprinting presses keep humming they can make it out of nothing.
Think cheery thoughts. It’s what backing our currency after all.