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Author Topic: Greenspan: US Can Pay Any Debt It Has Because It Can Print Money To Pay It  (Read 1268 times)

Bindare_Dundat

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Greenspan: US Can Pay Any Debt It Has Because It Can Print Money To Pay It
« on: August 07, 2011, 04:44:28 PM »
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and thats the answer my friends, just print the fooking money.

Next stop, Zimbabwe.
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GigantorX

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Re: Greenspan: US Can Pay Any Debt It Has Because It Can Print Money To Pay It
« Reply #1 on: August 07, 2011, 05:23:40 PM »
Amazing how they drag out these criminals who have been proven wrong about every single thing they have every spouted and believed in. The media trot them out like they have any credibility what so ever.

He still doesn't get it, doesn't have a clue.

This idiot should be swinging from a lamp post.
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Soul Crusher

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Re: Greenspan: US Can Pay Any Debt It Has Because It Can Print Money To Pay It
« Reply #2 on: August 07, 2011, 05:26:29 PM »
I saw this today. 

Madcow is a joke and why people listen to her is beyond me.

Greenspan is a joke.  Totally discredited. 




We are fucking broke.  we need to be honest w the public about our situation.  .   

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Bindare_Dundat

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Re: Greenspan: US Can Pay Any Debt It Has Because It Can Print Money To Pay It
« Reply #3 on: August 07, 2011, 05:34:39 PM »


It seems so easy, why didn't we think of this before? Don't need to collect tax, don't need no debt ceilings, no defaults.

Just print the money.


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Soul Crusher

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Re: Greenspan: US Can Pay Any Debt It Has Because It Can Print Money To Pay It
« Reply #4 on: August 07, 2011, 05:36:19 PM »
Quote from: Bindare_Dundat on August 07, 2011, 05:34:39 PM

It seems so easy, why didn't we think of this before? Don't need to collect tax, don't need no debt ceilings, no defaults.

Just print the money.




Schiff had a great clip on this I will try to dig out. 

He was sarcastic of course, but his sarcasm highlighted the idiocy of this printing scam.  i'll try to find it as its from a few years ago. 

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Fury

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Re: Greenspan: US Can Pay Any Debt It Has Because It Can Print Money To Pay It
« Reply #5 on: August 07, 2011, 05:36:42 PM »
The Fed has never met an economic situation they can't inflate their way out of.
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quadzilla456

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Re: Greenspan: US Can Pay Any Debt It Has Because It Can Print Money To Pay It
« Reply #6 on: August 07, 2011, 08:19:25 PM »
You know, the people of USA really have themselves to blame. If everyone had our mindset there would be 10 million people on the white house lawn and these whores would be hanging from trees. But no, most people are morons. And these scumbags know it!
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Soul Crusher

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Re: Greenspan: US Can Pay Any Debt It Has Because It Can Print Money To Pay It
« Reply #7 on: August 07, 2011, 08:23:42 PM »
Most people are beyond oblivious to these things.
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Vince G, CSN MFT

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Re: Greenspan: US Can Pay Any Debt It Has Because It Can Print Money To Pay It
« Reply #8 on: August 07, 2011, 09:48:40 PM »
Quote from: 333386 on August 07, 2011, 05:26:29 PM
I saw this today. 

Madcow is a joke and why people listen to her is beyond me.

Greenspan is a joke.  Totally discredited. 




We are fucking broke.  we need to be honest w the public about our situation.  .   



We have a sluggish economy not a broken one.  And as far as Greenspan is concerned, he likely didn't hear the question properly because the question was regarding treasury bonds and not the U.S going into default.  He's 85 years old so I'd give him the benefit of the doubt. 
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Bindare_Dundat

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Re: Greenspan: US Can Pay Any Debt It Has Because It Can Print Money To Pay It
« Reply #9 on: August 07, 2011, 09:56:21 PM »
Quote from: Vince G, CSN MFT on August 07, 2011, 09:48:40 PM
We have a sluggish economy not a broken one.  


 Lets call it the summer of recovery 2035.
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