Quote:
Originally Posted by vdbucks
I'm not sure where you've been.. but the only, I say again the only reason the economy looks to be recovering as of right now is because of all the money he continues to print. And the only reason he can continue to print this money is because the US dollar is the world's reserve currency. This will not last forever, and as soon as the US Dollar loses that spot, our economy will crumble to record lows, and the US Dollar won't be worth the paper it's printed on.
Look through history at every other country who has tried this "print more money to boost economy" tactic. Notice one thing they all have in common... the tactic failed.
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If we were actually printing money that would be one thing... but when we borrow money, we don't print it too... and we haven't been doing bailouts or stimulus stuff in a long time, at that the stimulus wasn't even very big.
And our Country is gaining in strength... as the rest the eco balances out to ours. We sneeze, the world gets a cold. You remove our dollar as the standard, you take out the largest buying power in the world from people to corporations - it will never happen.
And if you're going to play in the conspiracy game... at least recognize that the fed reserve, banks and world banks and all economies of the world are one system. It fails because they make it fail - no other reasons, no amount of printing of money changes that...