Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
US Budget Deficit Increases
>
Reply to Thread
Message:
<p>[QUOTE="ToughCOINS, post: 3216132, member: 20480"]Most on CoinTalk seem genuinely concerned about our indebtedness, But there are some who almost seem to be cheerleaders for a failure of the US dollar. Continuing to accept debasement (inflation), or even default as the eventual outcome is an unacceptable position . . . A coward's escape.</p><p><br /></p><p>We owe it to our descendants to be honest with ourselves about how much debt we are carrying, and resolve to establish a systematic way of paying it down. Why systematically? Because if not, we'll always consider debt repayment to be optional, and never do it. Much the same as our representatives kicking the can down the road for others to deal with problems they get paid to deal with.</p><p><br /></p><p>As for the cheerleaders, it's okay to profit on the current weakness of the dollar, but it is wrong to wish for the demise of the dollar to enrich ourselves at the expense of others.[/QUOTE]</p><p><br /></p>
[QUOTE="ToughCOINS, post: 3216132, member: 20480"]Most on CoinTalk seem genuinely concerned about our indebtedness, But there are some who almost seem to be cheerleaders for a failure of the US dollar. Continuing to accept debasement (inflation), or even default as the eventual outcome is an unacceptable position . . . A coward's escape. We owe it to our descendants to be honest with ourselves about how much debt we are carrying, and resolve to establish a systematic way of paying it down. Why systematically? Because if not, we'll always consider debt repayment to be optional, and never do it. Much the same as our representatives kicking the can down the road for others to deal with problems they get paid to deal with. As for the cheerleaders, it's okay to profit on the current weakness of the dollar, but it is wrong to wish for the demise of the dollar to enrich ourselves at the expense of others.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
US Budget Deficit Increases
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...