justin_o_guy2 wrote on 10/29/12 at 09:56:00:It all works great till we run out of other peoples money to spend,
When we run out of other people's $$$ - which Other People JOG ? americans ? cos 65% is held by americans - I mean US citizens, the other 35 % ... well its held by japan, brazil, england, swiss etc who dont care, they are just parking their $$$ in a whole slew of $$$ including the dollar ... so that leaves 2 trillion ... lets say 8%.
So when that 8% wont give us more $$$, we dont care we can just print that ...
In case the rest of them wont give us more $$$ ... guess what we can print it all ...
Who is affected when we print it ...
Yes, those with lots of $$$ sitting as dollar designated $$$ ...
Your social security ... will adjust with inflation ... so will people's wages ... most working people dont have to worry ... people with mattresses full of $$$ they lose. Those who are in debt, in USD make out like bandits and those receiving $$ in dollars stay where they are.
Stop repeating the same thing over and over again, its well and truly baseless ... except to scare people into voting for Romney.
Cool.
Srinath.