Greenspan: US Can Pay Any Debt It Has Because It Can Print Money To Pay It
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Uploaded by SaveOurSovereignty3 on Aug 7, 2011
Airing Date Aug.07, 201
Greenspan On Meet The Press Today: US Can Pay Any Debt It Has Because It Can Print Money To Pay It! Meet The Press
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his lips look like an old chewed up vagina...
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@kaskar1990 Because there is a limited amount of gold. You can't just go print more gold. That, combined with all of it's other attributes make it the perfect thing to use as a currency. It has every single attribute that a currency needs. This is the reason gold has been used as currency for thousands of years... it's perfectly suited for it.
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@kaskar1990 But it's authentic. You can't just go create more gold. You can always print more paper. And besides, the reason that gold is used for money is because it's perfectly suited to that use. It's durable, portable, divisible, uniform, etc.
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@lucsecret why the fuck does gold have value... what about a diamond standard, or coal standard, or oil standard, or steel standard, or human standard, or silver standard... gold only has value to the eye of the beholder. other than that its Ag - Gold... just another element. its useless... it doesnt power, feed, or do anything
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Wow, does people realise at which point Greenspan don't give a rat ass about the normal people.
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If the US can do it, why can't I print some myself I could be out of debt my morning!
4 months ago 5
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Mr Greenspan,
You do not work for the American people, you never did, the world cannot trust you.
You are an “inside lobbyist” that deserve jail time.
I think now, on your retirement, it’s time for you to remain silent even if you could be ever right.
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he make me laugh always.
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Wow there you go! The man just blew everythin Bernanke was tryina cover! hahaha.
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at least he told the truth and he probably didn't mean we will print recklessly.
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"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. "
Alan Greenspan, 1966.
lucsecret 6 months ago 38
So basically Greenspan said The US Government has given the Federal Reserve license to counterfeit Treasury notes. Nice...
KnightoftheRepublic9 6 months ago 26