Saturday, July 30, 2011

Another quick take on the debt crisis

I do not buy into all the rhetoric about tying down our children and grandchildren with the national debt and unfunded obligations. The debt will be repudiated within the next 2-3 years. What we should be worrying about is hyperinflation -- printing money to pay it off and thus destroying the savings of every thrifty American.

(Posted Wednesday in Facebook)

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