Quote:
Originally Posted by jscott
They all grow the deficits and both continue printing boatloads of cash to combat against it. Just as Greenspan said, US will never have true debt issues because they'll just continue printing more money.
Our gov's are corrupt with either president. It comes down to the money we use, imo. |
Problem is you print to much (USD debt levels) and then a loaf of bread starts costing $350 bucks like Zimbabwe and Venezuela. America is the core currency at the moment so the effects are less but it still creates hyper inflation, Zimbabwe had 231,000,000% in a single year.