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GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!
Thursday, May 26, 2016
Max Keiser Report: Pensions Going Bankrupt
US govt paying Treasury discount(interest payments) is a net increase in private sector savings. Which means Federal govt deficits = NET private sector savings. Which means the US federal govt should always run a deficit and NEVER run a balanced budget or a surplus.