Quote:
Originally Posted by grumpy
it will fall, you cant borrow money to pay debts, debts will automatically grow as a result.
Its simple, i borrow 10 with interest i have to pay 11, i can pay the 11 so i borrow the 11, no i have to pay 12 to the new lender. and so on and so on.
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You can when you are the one who invents and controls the money. The Fed is a private entity which is global in nature. They can manipulate the money to keep the USA on top, if they so wish.