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Message:: [QUOTE="InfleXion, post: 1268214, member: 29012"]The national debt grows exponentially because of compounding interest (there seems to be a possible correlation here between what the price of gold is doing), where as the production of a nation grows in a relatively consistent upward trend if not a flat or even downtrend at times. This is probably why usury used to be illegal. So it really is impossible to pay off the debt with the current policies unless they're willing to monetize to infinity and hyperinflate. We are currently adding over $200 billion per month to the overall debt just from interest on existing debt, so selling the gold would only cover 6 weeks at best without even making a dent in the original debt. The realistic solutions are either to cut spending to a responsible level (no more socialism, entitlement programs, welfare state, wars, bloated bureaucracy, bailouts, stimulus, etc.) to stop the accumulation of debt combined with very high interest rates to pay off the existing debt, or the more likely scenario which is debt forgiveness as a last resort after overstimulating until it is no longer effective. Technically we have a form of debt forgiveness already because people who don't pay end up getting bailed out by people who can, it's just a bit more selective. Cleaning the slate won't do any good if the rules continue to go unenforced though.[/QUOTE]