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Old 12-10-2012, 11:14 AM
barry12345 barry12345 is offline
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Join Date: Oct 2012
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Quote:
Originally Posted by Air&Road View Post
No I don't approve of it. We don't NEED to promote good will. What we NEED to do is STOP sending ANY more money overseas until we have our budget under control. Even THEN, NOT sending money overseas would be a good way to KEEP our budget under control.

Remember, this is BORROWED money.
There may be little real choice as a lot of it looks like bribery or enabling money. This particular type carrot enables or purchases much influence out in the wide world. Buying influence is too expensive for north america currently I agree but perhaps unavoidable.

I think another perspective is money is no longer quite what it was. I do not mean just the inflationary changes. The mediums underlying structural basis has been or is still shifting rapidly.

Money has been printed like mad from 2008 on. This to me means the old standards of what we expect it to be based on may be going the way of the dinosar. I hope our personal assets are not being viewed as a back up pool to provide some worth for the dollar. Yet instinct kind of seems they might be. There are many ways to get at them by a government with intent to do so.

Otherwise it is just printing paper period at this point. Is it simular to 1929 in the overall ramifications is one question? The stock was worthless but they kept up the illusion till the house of card came down. Do we really have foreign debt or do we just print enough paper to cover it? How inflation responds to the current type activity and period is going to be the best bellweather for the average guy.

Last edited by barry12345; 12-10-2012 at 11:27 AM.
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