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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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To: THE ANT who wrote (123)3/15/2017 9:46:19 AM
From: philv  Read Replies (1) of 13803
 
You write: "This will allow the government to print money directly without causing inflation . This money will be used to write down the debt burden."

I'm interested in understanding how that would be done? How does the government print money without an offset of debt? There is an accounting procedure for every dollar created is my understanding. If a country prints money at will, without any accounting, and pays it's bills in that manner, aren't we in a Zimbabwe situation then? If all it takes is to print money to write down debt, every country in the world would have done it by now I would think.
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