The fact is that government can get out of debt the same way you get out of debt.
you quit borrowing money
you quit spending
you balance the budget
shared via OKGrassroots here: http://okgrassroots.com/?p=676652
The fact is that government can get out of debt the same way you get out of debt.
you quit borrowing money
you quit spending
you balance the budget
shared via OKGrassroots here: http://okgrassroots.com/?p=676652
One problem: Governments produce nothing of value in the market, so government must still plunder the productive in order to pay off its debts. I argue the government's debts are illegitimate and must be repudiated rather than paid off.
@jacobtothe any proposals on how to accomplish that? I tend to agree....
cryptocurrency is a start.