To: Tolerance Sucks Rocks
Perhaps we need a Jubilee
23 posted on
02/26/2020 4:17:32 AM PST by
redgolum
(If this culture today is civilization, I will be the barbarian.)
To: redgolum
Jubilee is a great idea, however, hard to do as a nation when you are selling bonds where other nations and individuals expect "to get paid". One round of Jubilee would destroy the bond market (And credit needed to fund pensions, healthcare for active duty/veterans, military structure, Iron Triangle gibs, etc...).
Jubilees won't work when our economic foundation relies heavily on debt policies/debt management and fractional banking.
26 posted on
02/26/2020 4:37:17 AM PST by
rollo tomasi
(Working hard to pay for deadbeats and corrupt politicians)
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