The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Even SS does better than this||Date: 1/5/2005 4:38 PM|
|Author: JAFO31||Number: 43887 of 76601|
<<<<I'll be interested to see where his argument goes from here.>>>>
"The only place it can go. If the government is to honor its debts, taxes must be raised to pay those debts."
Or the government can debase the currency, via inflation (because the government owns the money printing press), and pay back the debts with cheaper gross dollars.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|