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Wonder How It Would Be if National Dept Was Paid Off ?

How Would It Affect The Value Of Money ?

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You have experienced this, when Clinton was in office there was a surplus, when Bush came in he made it disappear.

Not just disappear but he replaced the surplus with massive spending on wars and tax cuts that ballooned the debt. By the way we are till paying for that. Debt that many blame on Obama is actually the long term results of Bush era policies.
Most anything could be said!

I'm not talking who did what . I just want to know if dept was paid off how it would affect us in buying power . We already know the blame game .

Don't think it would ever happen . Wonder how the stock market would do if dept was paid off . Price of Gold Silver ?

Very little!

the national debt and the budget surplus are different items tho related. the national debt arises from budget shortfalls and the govt borrowing money thru treasury bonds ( a very very favorite investment of the extremely wealthy because of the safety and security of the investment). during clinton, we had a budget surplus which means the govt took in more than it required to operate thus the govt could, in theory, begin paying down the national debt. the surplus was converted to a huge shortfall under bush when he pushed thru tax cuts (because we HAD a surplus) and took us into two wars. (really really stupid economic decisions akin to 'let's buy new cars and another house and quit our jobs...no worries') plus much of the deficit was 'off the books' since it was not in the defense budget as they 'privatized' the wars

remember the national debt is an ongoing thing...we still are paying for being in ww1 and 2...and korea and viet nam. and highways and airports and schools and hospitals and national parks and on and on...the national debt is caused by taking in less than is spent and BORROWING.

if the national debt was paid off...very little would happen. there might be a shift of monies on investments but then shift to WHERE? banks pay little to nothing now...stocks? great timing....wall street is beginning to drum up the pr machine for another run at your wallets ( be afraid, be very very afraid..when they start the music, it is time to leave the party before the crash cause it happens every fucking time..part of the now you see it, now you don't show)

some of the big big investments have already been done...ariable farmlands, potable water, global agribusiness

 and the value of your money is in what it will buy...the national debt is only a small portion of that computation (everyone points to the weimar republic as an example but fail to point out the weimar republic was crippled by reparations payments exacted as punishment by the allies which means their national debt was money leaving the country) the other part of what your money will buy is the part of rising incomes globally, rising populations competing for limited resources, and  a combination of corporate greed and general and widespread ineptitude

so there really might be very little effect on your monetary values unless it was in currency exchange rates. then goods and resources from foreign countries might get cheaper in terms of dollars. but remember 'value' is just a relative term

all true .. but if we didn't have the massive national debt then the gubment wouldn't have to allocate one out of every two dollars towards payin back what we owe .. so we'd have a lot of money to ..A . if we were smart to invest in our infrastructure , bridges, roads, railroads, healthcare ,education ,  ya know the important shit we can't seem to find the money for now .. or B. just find a way to piss it all away like we always do on all the stupid  shit like tax breaks for the extremely rich .. cause after all they and their corporations they own are people too right.. and we wouldn't want them to be homeless .. and they might only have 5 houses instead 9 .. or 3 yachts instead of 5.. how could them poor bastards live like that ??   

Here is my real conspiracy theory.  Our money will do whatever the people running the government behind the scenes want it to do.

http://truththeory.com/2012/06/27/22-statistics-that-prove-that-the...

 

The current president OBAMA is complicit in all this. To think he is not is naivete, and he certainly has not proven himself.  The market is up because it was manipulated up.  He was plucked almost from obscurity in 2004 and is a good little puppet of the money masters.  Bush was as well.  The stock market doesn't matter, our war mongering doesn't matter, whatever Wall Street does doesn't matter;  those who are benifitting are benifitting greatly and the rest of us are screwed. 

 

I know I normally sound more reasonable than this, but, jeez, workers are now like beggars.  It is seriously time for the people to rise up.

Chief, when I hear people tout Obama, I want to scream.  He is no different from anyone else.  But who could have voted Romney?  At least Obama talks pretty.

well .. or should i say butt.. cause there's always a butt in there ain't there .. when you vote you don't vote to put a guy in .. you vote to keep a guy out .. and rommney was the one i'd rather not have .. don't get me wrong i'm not toutin obama .. i was leary of him in the begginin and i still am .. but somehow i still think he'd give the average guy a better shake than the alternative ..

what we really need is a guy who will do the best thing for the whole country .. not just the super rich or the super poor .. or the black or white or hispanic .. but everyone .. we keep tryin to dived the country into all these different segments and it amazes me that they still ain't figured it out .. and its really so simple .. just repeat after me .. a rising tide raises all boats .. so if you raise up the bottom of society you'll also raise up the middle class and the wealthy .. even tho the wealthy can't see that .. they all have that i got mine mentality .. but if we all keep sayin it over and over it just might sink in ..  A RISING TIDE RAISES ALL BOATS ..   

unless you really like the idea of being the rich guy in the banana republic...like the guy who feels rich cause he made his neighbor poor...

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