US now spending 26% of available tax revenue just to pay interest

Discussion in 'Economics' started by Banjo, Mar 25, 2014.

  1. I don’t see any way out of this but inflation. I’m worried that inflating will destabilize the world markets significantly. Plus you would think that inflation is kind of “cheating” in that sure the creditors get paid but they won’t be getting paid with the same value that they lent out.
     
    #11     Mar 31, 2014
  2. Humpy

    Humpy

    +1
     
    #12     Mar 31, 2014
  3. +1

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    #13     Mar 31, 2014
  4. Banks operate with the fractional reserve system, which is the biggest ponzi scheme on earth.

    And that's how money and inflation are created out of thin air.

    "It is well that the people of the nation do NOT understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
    Henry Ford
     
    #14     Mar 31, 2014