Tag Archive | "monetizing the debt"

What’s a Few Trillion Between Friends?

Tags: ben bernanke, congress, dollars, monetizing the debt, trillions

What’s a Few Trillion Between Friends?


BERNANKESomething huge and horrific just happened. I’m betting you don’t know about it. We “borrowed” over one trillion dollars last week to pump into the banking system, then “borrowed” another one trillion dollars this week to buy toxic assets. I mean, what’s a few trillion dollars between friends, right?

The big problem, besides spending all this money we don’t have, is that the world is tired of lending us money. Let the Beefboy repeat that… THE WORLD IS TIRED OF LENDING US MONEY. Get it? We now have bad credit with the world. So, maybe you’re asking yourself how we “borrowed” two trillion dollars over the past week. We didn’t. We’re printing it. We are “buying” our own debt. It’s called “monetizing the debt” and it’s bullshit.

Have you ever written a bad check in the hopes that you would get the cash in a day or two and make a deposit before the check cleared? The United States of America just did that… with TWO TRILLION DOLLARS! That’s on top of all the previous trillions of dollars that we’ve begged, borrowed or stolen since last September.

The amount of printed dollars in the system is expected to rise 500% in the coming months. Ben Bernanke wants inflation in the worst way, and Beefanatics, he’s going to get it! This has been tried before and it’s never worked. Germany tried monetizing the debt during the 1920s. Argentina did it in the 1980s and Zimbabwe did it this decade. It’s never worked before. You can’t spend your way out of a depression! Hello! Is this thing on? What makes the dumbshits in Washington think they can rewrite history? Or do they really want us spending thousands of dollars on a loaf of bread?

These idiots are playing with our future, and ironically, it’s the same people who caused the problem who are in charge of fixing it. If that doesn’t scare the shit out of you, nothing will.

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