The Obama - Clinton Disaster Message Board

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Politics : The Obama - Clinton Disaster

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To: Kenneth E. Phillipps who wrote (9971)	3/26/2009 3:32:58 PM
From: Wayners	of 103300

Taxes will have to rise, and most of the rises will be hidden such as print money and devalue everybody's cash savings. They will keep the CPI and PPI way below their actual values to hide the real inflation rate. Everybody is going to take a big paycut in terms of purchasing power of their paychecks. Anybody with cash savings will be losing money year after year after year. Maybe the Feds should just default...the high interest rates afterwards and their inability to sell bills, notes and bonds anymore will finally force them to live within their means and cut the 2/3rds of Government that are unconstitutional to begin with. It would probably force them back on a Gold Standard to reign in the unlimited printing of Fiat currency.

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