Hi MM Your problem is that you still have the old fashioned view...

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    Hi MM

    Your problem is that you still have the old fashioned view that money is real, that it is guaranteed by someone or something

    Governments and the fantastic economic managers who run the show now have removed that fact --- it is now in the realm of virtual money

    Has no value in the real world at all, so you can produce as much of it as you feel like doing, and them produce more to balance the books and pay it back.

    Therefore the socialists have won -- everything can be fixed by debt -- debt is good!

    You could take this further and say that the four companies which run the world are really just as poor as you and I because they only have virtual money IE monopoly money, not reaL
 
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