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Greenspan warns of ‘extremely imbalanced’ path of US deficit
submitted 4 years ago by dcjogger from durangoherald.com
[–]Oracle 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - 4 years ago (0 children)
This guy? He has the economic predictive power of Karl Marx. Why anyone would listen to him is beyond me.
[–]dcjogger[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 4 years ago (0 children)
Maybe the elites are planning to print so much money that they just inflate the debt away.
What will you do when your $1 million retirement savings only buys a loaf of bread?
https://www.businessinsider.com/worst-hyperinflation-episodes-in-history-2013-9
[–]Oracle 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - (0 children)
[–]dcjogger[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)