Granthamana says: "Sovereign currency nations
(America, Australia etc.) DO NOT borrow money
or tax to finance spending."
For every $1000 the US Government spends
it receives revenues of $600. So where does
the other $400 come from, the Tooth Fairy?
Every since Reagan took America off the Gold
Standard, American governments (Federal.
State and Municipal) have lived high off
the hog on printed and borrowed cash.
Tomorrow will take care of the repayments.
Tomorrow is here and the cupboard is bare.
Let's increase the Federal debt level again.
America has three wars to win. Tomorrow.
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Granthamana says: "Sovereign currency nations(America, Australia...
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