$1US printed and spent within government is worth $1US on "faith" no borrowing needed
$1IS to the consumer is worth $1US for domestic goods but the price of imported goods converting to dollars is more expensive
$1 in Gold is worth $1 in Gold but $1US is soon to be worth 1/2cent in gold,to say nothing $US against other currency with additional US dollars printed
The Borrowing tries to secure the US dollars value on the International Market,but again,isn't neccesary
Taxes should of never been cut in 2001 & 2003. Huge mistake.
Ladiestreat 1 year ago
$1US printed and spent within government is worth $1US on "faith" no borrowing needed
$1IS to the consumer is worth $1US for domestic goods but the price of imported goods converting to dollars is more expensive
$1 in Gold is worth $1 in Gold but $1US is soon to be worth 1/2cent in gold,to say nothing $US against other currency with additional US dollars printed
The Borrowing tries to secure the US dollars value on the International Market,but again,isn't neccesary
TheRealArchAngel 2 years ago
I know. I wish we never voted in that guy who made the deficit from 700 billion to 3 trillion. Who was that? Oh yeah, Reagan. Fuck that guy.
aestheticvoyage 2 years ago
Stop the TOXIC spending NOW.
ka7krz 2 years ago
Heres a bright idea! STOP SPENDING.
jjaaee 2 years ago