Donald Trump on the debt: "You never have to default because you print the money”

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No. Currency printed that is not backed by anything is called fiat. Fiat currency is worthless may as well print confederate or counterfeit bills.

Our dollars used to be backed by our gold and silver reserves. Today the dollar is backed by our global credit status. Creating new currency creates inflation. So printing new currency will simply generate more inflation. Not a good idea for a country that's already trillions in debt.

exactly....

i have posted before how the banking industry is a scam using imaginary funds

This country does the same thing....

trillions in debt would not be allowed for any business or individual...

over extended

:lol::lol:
 
so, what would happen if we told the foreign investors that we were only going to pay .75 on the dollar on all outstanding debt?
 
No. Currency printed that is not backed by anything is called fiat. Fiat currency is worthless may as well print confederate or counterfeit bills.

Our dollars used to be backed by our gold and silver reserves. Today the dollar is backed by our global credit status. Creating new currency creates inflation. So printing new currency will simply generate more inflation. Not a good idea for a country that's already trillions in debt.

There are some good things that could happen along with that though.

A weaker US dollar would encourage more foreign investment. More companies would stay in the United States because it would now be cheaper to pay American workers. America would be able to bank the interest off these loans and put it back into the economy.

I grew up in Canada fifteen minutes from the US border. Most of my toys, school clothes, video games and the like came from the USA because it was cheaper to buy stuff there. At the time roughly $1 CND=$0.80 USD.

In the late 90's the Canadian dollar plummeted to $0.55 USD. All of a sudden everybody bought their stuff from Canadian retailers which boosted the local economy. Likewise, American exporters bought more from us because now their dollar went further. Vancouver suddenly developed the 4th largest movie making economy on the continent overnight because it was cheaper to pay the film crews. American tourism increased as well.

Some goods became more expensive, but for the most part $10 still bought whatever $10 used to buy. Most people's standard of living went up if anything.
 
with who? japan? Saudi Arabia? Israel..... dont make me laugh.... get that ass nuked and get .000 on the dollar for your investment.
no one will buy US bonds and it would signal no faith in US banks... eventual crash then depression
 
There are some good things that could happen along with that though.

A weaker US dollar would encourage more foreign investment. More companies would stay in the United States because it would now be cheaper to pay American workers. America would be able to bank the interest off these loans and put it back into the economy.

I grew up in Canada fifteen minutes from the US border. Most of my toys, school clothes, video games and the like came from the USA because it was cheaper to buy stuff there. At the time roughly $1 CND=$0.80 USD.

In the late 90's the Canadian dollar plummeted to $0.55 USD. All of a sudden everybody bought their stuff from Canadian retailers which boosted the local economy. Likewise, American exporters bought more from us because now their dollar went further. Vancouver suddenly developed the 4th largest movie making economy on the continent overnight because it was cheaper to pay the film crews. American tourism increased as well.

Some goods became more expensive, but for the most part $10 still bought whatever $10 used to buy. Most people's standard of living went up if anything.

the US is not Canada in our case its too late

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Isn't this what we jokingly say all the time??? Why are we broke when we have out own money??? That's like a farmer dying of starvation isn't it? Like a virgin married to a porn star? I don't know. Still ain't voting for this fool.
 
His daddy did have hundreds of millions though.... when your daddy has money like that, you're starting with a giant lead off of third base with a pitcher that has a slow wind up.

Just for clarification...Those were reorganization bankruptcies and those businesses didn't go belly up...Those were loopholes that allowed him to fuck over suppliers and vendors and wipe out expenses while increasing profits.

His daddy didn't have billions..

There real question is who is his running mate going to be because if he thinks he can fuck over these big money mofokrs he foolish...If Trump wins and tries to fuck with their loot he will be assasinated
 
Trump know how to talk that shit, doesn't he? Keeps his name in the news. What do MOST voters know about the American debt? Jackshit, right? Cats just refuse to believe that most voters are just uninformed, thus the 80 percent black support for Hillary. It's not just angry cacs who don't know shit.

This entire election is a fucking joke. :smh:
 
His daddy did have hundreds of millions though.... when your daddy has money like that, you're starting with a giant lead off of third base with a pitcher that has a slow wind up.
he started 2 steps from home plate - forget the money just connections and friends alone are killer
 
Trump know how to talk that shit, doesn't he? Keeps his name in the news. What do MOST voters know about the American debt? Jackshit, right? Cats just refuse to believe that most voters are just uninformed, thus the 80 percent black support for Hillary. It's not just angry cacs who don't know shit.

This entire election is a fucking joke. :smh:

exactly..he talks that self-financed campaign shit. His campaign was financed by the media.

like they say.

bad attention is better than no attention
 
THIS IS JUST TOO MUCH COMEDY AND TRAGEDY!! IM LOVING IT! WE ARE SLOWLY WITNESSING THE FALL OF BABYLON..I HOPE!!
 
Not as dumb as these stupid rednecks that's voting for this fool!
Or the black voters who support the Clinton political machine. :lol2: Would any of Trump's policies affect the rednecks like the Clinton policies of the 90s did to the black community? Even Bill admitted they fucked up.
 
Or the black voters who support the Clinton political machine. :lol2: Would any of Trump's policies affect the rednecks like the Clinton policies of the 90s did to the black community? Even Bill admitted they fucked up.
Yes without a doubt. But you keep indirectly helping Trump.

Trump Misses Deadline To Remove White Nationalist From Delegate List

Trump’s California delegate William Johnson wrote a 1985 book advocating a constitutional amendment (the "Pace Amendment") that would repeal the 14th and 15th amendments and deport almost all non-whites from the United States. According to Trump’s delegate:
“No person shall be a citizen of the United States unless he is a non-Hispanic white of the European race, in whom there is no ascertainable trace of Negro blood, nor more than one-eighth Mongolian, Asian, Asia Minor, Middle Eastern, Semitic, Near Eastern, American Indian, Malay or other non-European or non-white blood, provided that Hispanic whites, defined as anyone with an Hispanic ancestor, may be citizens if, in addition to meeting the aforesaid ascertainable trace and percentage tests, they are in appearance indistinguishable from Americans whose ancestral home is in the British Isles or Northwestern Europe. Only citizens shall have the right and privilege to reside permanently in the United States.”
— William Daniel Johnson (as "James O. Pace"), Amendment to the Constitution
No wonder Trump is often compared to Hitler



Trump surrounds himself with all these kkk members and you think they will not go after African Americans?

I hope you are right...
 
Trump vs Hillary is like the Union vs the Confederate states. Yes they are both racist and have their problems. Yet who would you rather support?
 
Sorry to tell you, but Hillary, Obama, and Sanders all think the same way. So does Rubio and Cruz.

They're just not dumb enough to say it out loud. Which presidential candidate has a realistic plan for reducing the debt?

They all plan to continue to run it up, then print more money to 'stimulate' the economy.

When this country falls apart every one of them will be to blam.
 
Yes without a doubt. But you keep indirectly helping Trump.

Trump Misses Deadline To Remove White Nationalist From Delegate List

Trump’s California delegate William Johnson wrote a 1985 book advocating a constitutional amendment (the "Pace Amendment") that would repeal the 14th and 15th amendments and deport almost all non-whites from the United States. According to Trump’s delegate:
“No person shall be a citizen of the United States unless he is a non-Hispanic white of the European race, in whom there is no ascertainable trace of Negro blood, nor more than one-eighth Mongolian, Asian, Asia Minor, Middle Eastern, Semitic, Near Eastern, American Indian, Malay or other non-European or non-white blood, provided that Hispanic whites, defined as anyone with an Hispanic ancestor, may be citizens if, in addition to meeting the aforesaid ascertainable trace and percentage tests, they are in appearance indistinguishable from Americans whose ancestral home is in the British Isles or Northwestern Europe. Only citizens shall have the right and privilege to reside permanently in the United States.”
— William Daniel Johnson (as "James O. Pace"), Amendment to the Constitution
No wonder Trump is often compared to Hitler


Trump surrounds himself with all these kkk members and you think they will not go after African Americans?

I hope you are right...

Traditional republicans would, but Trump isn't a republican.

As I been trying to tell people all along, he punked them and destroyed the party. Those dumb asses ate up all his anti-muslim and anti-illegal talk. It's like Clinton and a black church. When she's pulling away in the limo, she's like :roflmao2: "Do you believe they keep buying this shit?!?!"

Listen, those people on the right who fell for this rhetoric or just as bad as the people on the left calling him Hitler. They all fell for the same fucking gag. Trump is in the middle. Any fucking bit of research would have shown people that(prior to going at Obama he went at Bush). But the media got caught up in the narrative and went with the hate angle which actually helped his rise because the inbreds thought there was waaaaaaay more to it than there really was. He's against Obamacare because he wants it to be called Trumpcare. :lol:Trump even let Bruce Jenner use any bathroom in the building. In what world is this guy a Republican? Conservatives have let this gag cost them control of the supreme court.


So how does a fake republican keep the hate train going? One word: Hillary. That bitch is easy to dislike and her incompetence is legendary.
 
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