Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: sea_urchin who wrote (22696)	3/18/2005 7:06:51 PM
From: The Vet	Read Replies (2) of 80990

Searle, how can "other nations are enriching themselves" possibly happen while they are getting paper promises and the US is getting actual goods and services with real value.... The game goes on for as long as the "other nations" finally figure out that a vault full of US denominated debt printed up without limit doesn't actually "enrich" anybody except the country that managed to trick them to exchange it for real wealth. The moment TSHTF the US simply does the same trick as many 3rd world countries have already done... Declare a "new dollar" that replaces the old one on a 1 "new" to 100 to 1,000 "old" dollars, print a bunch of these up and pay off the debt. All debt in the US is discounted to 1% or 0.1% of the old total and the game starts again in earnest. So much for the holders of the "old dollars"..... suckers; if you don't like it we will send the balance as cruise missiles, fully armed and flying....

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