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Don't have to cancel it... All that debt is in US dollars. Just print so much money that you have 20% inflation per year for four or five years. Problem will be
by winfred 7y ago
Don't have to cancel it... All that debt is in US dollars. Just print so much money that you have 20% inflation per year for four or five years. Problem will be fixed. It's a scam you can only pull off once (after that the dollar isn't going to be the world reserve currency anymore), but it's a scam you can pull off once.
- desdiv 7y agoMost of that debt is owned by Americans, who incidentally also own 393.3 million firearms - twice as much as every police force and military in the world combined[0]. I shudder to imagine what 100 million pissed off gun owners would do when they find out that there's going to be a 50% haircut to their life savings. [0] http://www.smallarmssurvey.org/fileadmin/docs/T-Briefing-Papers/SAS-BP-Civilian-Firearms-Numbers.pdf http://www.smallarmssurvey.org/fileadmin/docs/T-Briefing-Pap...
- deleted 7y ago[deleted]
- democracy 7y agoThat's a cute thought but it will not work even once.