Replying to Avatar Chad Lupkes

My conclusion based on years of reading and making connections is that budget deficits are the actual source of ALL of these issues, and those started in the 1960's with the Vietnam War, Great Society, Apollo and other factors. Our government's refusal to balance the budget forces us to shove more and more US Dollars into circulation, far away above and beyond what a growing population can absorb by having more demand for goods and services. So every single year that we have a shortfall and we have to go further into debt to issue new currency, the people who buy the treasury bonds get the coupons and then later when the bonds mature they get more money to spend in the economy. The individuals and institutions who are buying those treasuries are not middle class or working class, they are upper class and institutions. And what do upper class and institutions do with new money that comes in as revenue? They buy stocks and high ticket items. Enter "Lifestyles of the Rich and Famous". That was a TV show in the 1980's that was SUPPOSED to show how insane it was that people have this much extra capital, but instead it got spun into a "I wish I were a Rich Man" show where everyone in America was promised that if we worked hard enough for 4 decades, we could afford $100 Million dollar mansions and thousand foot yachts.

If we don't balance the budget, the US Dollar will go to zero. Milk will cost $50 per gallon. Million dollar homes will be dumps that nobody wants. Education will be so expensive, nobody will attend classes except the ultra rich. Charles Dickens will be rolling in his grave.

Balance the !@#$%^& budget at the federal level. If any politician doesn't show you a plan to do that, and if any member of the House or Senate doesn't have that as their top priority, vote against them.

Sounds nice, but there’s no incentive to do so. If it’s possible for someone to print money, someone will print money. And no amount of voting will change that. Even if people actually vote the way you say.

It’s like The One Ring: “But I will use the power to HELP people!” Nope!

The only way out is a monetary system that CANnot be debased, but The Ring will fight back: “Throw it into the fire!” “No.”

Let’s hope it doesn’t take 3000 years.

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I agree with you. Congress won't do it. They would rather see the United States fall as a nation state than do the right thing. And that's what the history books will record.

They don’t see it that way. And in their mind, there is no other way to see it than what they’ve been doing.

But I don’t see a lot of other countries balancing their budget or moving to a un-debasable currency. So I think it’ll just be a slow burn.

Maybe there will be a revolution, but that sounds messy.

You say you want a revolution

Well, you know

We all wanna change the world

You tell me that it's evolution

Well, you know

We all wanna change the world

But when you talk about destruction

Don't you know that you can count me out?

Don't you know it's gonna be alright?

Alright

Alright

You say you got a real solution

Well, you know

We'd all love to see the plan

You ask me for a contribution

Well, you know

We're all doin' what we can

But if you want money for people with minds that hate

All I can tell you is, brother, you have to wait

Don't you know it's gonna be alright?

Alright

Alright

I know that Sweden is following the correct path, with a law in place requiring a 1% budget surplus every year and a goal of paying off the national debt eventually. It seems to be working. No other country is following that path that I can determine, but hopefully we'll see some eventually.