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Greenspan: "USA can pay any debt because it can always print money"

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That dudes expression is priceless
Comment from : @Leland-du1xf

But wait a moment! To create more money to pay back debts, new debts are created So, the debt can never disappear—it can only change hands Or?
Comment from : @Kapitalistdjungeln-tj4wm

Like Argentina or Lebanon
Comment from : @LuciferSam830

Zing zing zing
Comment from : @astroNexx

the great unelected officials
Comment from : @andreoliveira685

This was true in 1997 when the US national debt was $55 billion Today it's over $30 Trillion There's probably not enough ink available to print that much money, let alone gold to back it
Comment from : @Peace2U-ec6es

Full interview please
Comment from : @dirkcurritzki9585

You cannot just print money in a vacuum You need checks and balances in place for a good working economy Govt->Corporations->People Government prints too much money, devalues the dollar and purchasing power of consumers, who spend less, giving less profits to companies and governments in the form of taxes This is a feedback loop and requires the correct amount of checks and balances If you do not have these balances and governments only print money, you become a 3rd world country like Venezuela with 200 inflation with crippling poverty
Comment from : @weho_brian

Jews rock
Comment from : @Andrei_Suckoffsky

The fact he knows exactly what he's talking about about, makes this a pretty vile thing to say
Comment from : @iijokerzace

Well well well, a Greenspan So rare in the banking industry
Comment from : @orwellianyoutube8978

Pieniądz z drukarki, to fałszywki, bez względu kto drukuje! Czy robi to rząd czy gangster, a skutki są takie same Duża inflacja zwana hiperinflacją i bankructwo Nikt nie sprzeda towaru za fałszywki! Świat już nie chce być okradany z surowców naturalnych, świat się zjednoczył i usa będzie zmuszone walczyć sam z całym światem! Marionetki powsadzane do rządów europejskich nie są w stanie wykonać zadania, bo ludzie się budzą, przejrzeli was amerykanie!
Comment from : @katarzynadociekliwa1052

Oops, not supposed to say that out loud
Comment from : @Ridabu

The guy next to him is like…WHAT
Comment from : @constantinmilitaru

Better be ready for default Because he was talking toilet paper 🧻
Comment from : @picandvideo

If USA were to print an additional $800 trillion, surely the banks would brstop buying US Bonds and the bond market would go bankrupt
Comment from : @johnellis5768