Originally Posted by jgw
All that being said the amounts of money Biden is throwing around has now started talk of inflation. I suspect the free money is about gone and money is going to cost. The really interesting thing will be how much the national debt goes up. We are already paying a lot even though the interest is very low. That is going to change bigtime. When that happens its gonna get REALLY interesting!
Now there's some old fashioned thinking!

One big reason the debt is going up is because we haven't been paying for it for decades! Why start now?

Money is nothing but agreements. One way or another, debts are paid, or discharged, by agreements. Sometimes those agreements are not all that agreeable, if they include dismemberment or death or incarceration, but the debts they do get settled. Usually, the biggest bully gets the most...


You never change things by fighting the existing reality.
To change something, build a new model that makes the old model obsolete.
R. Buckminster Fuller