While it may be true that the government has not defaulted on its debt, it is also true that the only way the government can pay its expenses is by debasing the currency, i.e. by PRINTING MONEY. So while US bond holders may get their money back, they will certainly not get their WEALTH back, since the dollars they receive will be of greatly diminished value. The liberals, who want us to go further into debt, are dishonest when they insist that the government is creditworthy, because they are trying to cheat our creditors out of their wealth. Why do liberals think that this is OK and that cheating our creditors will not have devastating consequences?
CliRAB:
- printing money is an act of COUNTERFEITING
- the government relies on COUNTERFEITING money to pay its expenses
- the liberals avoid acknowledging that the only way they can continue pursuing their failed economic policies is by COUNTERFEITING money
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