Quote:
Originally Posted by CaptainHaplo
Simply put, allowing the deficit to grow at ALL is asking for a monetary collapse. The nations of the world are already agitating for a new base currency rather than the dollar. If that happens - and it will if our debt is allowed to continue to grow, then the dollar will collapse.
|
IMO this is an engineered attempt to control how fast the dollar is devalued. Doing it such away to avert a catastrophic disaster by a sudden drop in strength.
Me thinks a global currency is on the way