All government spending is money printing. Get over it.
07-11-2015, 03:59 AM
#2
Little Doe Peep
Join Date: Jan 2007
Location: Japan
Posts: 14,945
I don't know what he posted, but I have a question that maybe one of the other Liberals can answer.
If the government can raise all the money needed by just printing it, and there are no negative effects from doing so, why do they collect taxes from us?
That's a good question
If the government can raise all the money needed by just printing it, and there are no negative effects from doing so, why do they collect taxes from us?
That's a good question
07-11-2015, 04:20 AM
#3
Boone & Crockett
Join Date: Jul 2014
Location: south eastern PA
Posts: 14,297
I am not a resident liberal but, of course there are negative effects, money is devalued. A dollar today is worth less than half of what it was worth in the 50s. Sooner or later it will not be worth the paper it is printed on. Promissory notes with no value or backing. Even our coins are crap. a Quarter contained 25 cents worth of silver, 50 cent piece and dimes the same. Now it costs more to mint coins than they are worth. We never should have left the system that was backed by gold, what we have now is a big game of smoke and mirrors When the crap hits the fan and you have nothing of tangible value, you will be living in a cave grazing on berries and leaves. Just keep on printing Obama, you will get your wish to destroy America.
Last edited by Oldtimr; 07-11-2015 at 04:22 AM.
07-11-2015, 04:27 AM
#4
Little Doe Peep
Join Date: Jan 2007
Location: Japan
Posts: 14,945
Originally Posted by Oldtimr
I am not a resident liberal but, of course there are negative effects, money is devalued. A dollar today is worth less than half of what it was worth in the 50s. Sooner or later it will not be worth the paper it is printed on. Promissory notes with no value or backing. Even our coins are crap. a Quarter contained 25 cents worth of silver, 50 cent piece and dimes the same. Now it costs more to mint coins than they are worth. We never should have left the system that was backed by gold, what we have now is a big game of smoke and mirrors When the crap hits the fan and you have nothing of tangible value, you will be living in a cave grazing on berries and leaves. Just keep on printing Obama, you will get your wish to destroy America.
But I was looking for a nonsensical liberal answer, or maybe cause a liberal to stop and think.
Obviously, if this money printing doesn't stop, I'm going to have to take a bag full of hundred dollar bills to the store to get a bag full of groceries.
07-11-2015, 05:23 AM
#6
Boone & Crockett
Join Date: Jul 2014
Location: south eastern PA
Posts: 14,297
Right after I got married we rented a house from a mother and son who were from Germany. They lived through the German depression before the war. They owned a ladder factory in Germany and were well to do before the crap hit the fan. The son who was of course my father's age at the time told me they had to pay their employees every day just so they wold have money to get food and essentials for the day and they paid them in cash, a huge pile of cash that had to be carried in a container and it wasn't worth spit, just enough value that they could by daily food. They lost the business and imigrated to the US before the war. Not anything for us to look forward to if this insanity doesn't stop.
07-11-2015, 09:55 AM
#9
Nontypical Buck
Join Date: Aug 2005
Location: Phoenix, AZ
Posts: 3,813
If the government can raise all the money needed by just printing it, and there are no negative effects from doing so, why do they collect taxes from us?
Of course the above is a joke.
