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U.S. debt is now equal to economy
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<blockquote data-quote="Just_another_day_at_work" data-source="post: 951519" data-attributes="member: 23074"><p>Moreluck if you think Mitt Romney (he is your pick right?) is going to change anything on monetary policy, you are wrong and I am saying that not even Ron Paul can change this now. It's a ponzi scheme, too much toxic derivatives, fractional banking, credit bubble has to expend all the time, FED has to create liquidity (counterfeit funny money), inflating the money-supply, we have to have more debt(borrow more) every year as soon as anybody cuts back our "free capitalist economy" is coming crashing down... One of the reasons the Tea Party's idea on balanced budget would never work, the debt is too big, now it's just kicking the can down on the road...</p></blockquote><p></p>
[QUOTE="Just_another_day_at_work, post: 951519, member: 23074"] Moreluck if you think Mitt Romney (he is your pick right?) is going to change anything on monetary policy, you are wrong and I am saying that not even Ron Paul can change this now. It's a ponzi scheme, too much toxic derivatives, fractional banking, credit bubble has to expend all the time, FED has to create liquidity (counterfeit funny money), inflating the money-supply, we have to have more debt(borrow more) every year as soon as anybody cuts back our "free capitalist economy" is coming crashing down... One of the reasons the Tea Party's idea on balanced budget would never work, the debt is too big, now it's just kicking the can down on the road... [/QUOTE]
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