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The Chip Board Archive 17

The US national debt can never be paid off

It can only be defaulted on, or inflated out of existence. With the first solution, most of our country's assets will be owned by the foreign governments and nationals that own our bonds and notes. With the second, many of our citizens who hold US currency as a store of value will be reduced to poverty.

Gold and precious metals are the only real money. Despite what Nixon did when he eliminated backing from our currency, gold and silver still retain their value.

Messages In This Thread

NCR Do you know how much a Billion is? NCR
No Income Tax
More info here;
Ask your doctor if you have DSS
Re: NCR Do you know how much a Billion is? NCR
The US national debt can never be paid off

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