View Full Version : [Video] Greenspan: US Can Pay Any Debt It Has Because It Can Print Money To Pay It
Immortal Technique
08-07-2011, 11:49 AM
http://www.youtube.com/watch?v=-_N0Cwg5iN4
Airing Date Aug.07, 201
Greenspan On Meet The Press Today: US Can Pay Any Debt It Has Because It Can Print Money To Pay It1 Meet The Press
YumYum
08-07-2011, 12:06 PM
How old is this guy? 110? He must be senile! He didn't realize he was on TV. He thought he was still in the retirement center debating Mises.
Sola_Fide
08-07-2011, 12:11 PM
BIGGEST FAIL I'VE EVER HEARD!
The default comes by a total devaluation of money. This guy was a complete and utter joke, and HE was our monetary dictator for all these years? Wow.
Occam's Banana
08-07-2011, 12:23 PM
Greenspan cannot possibly be that stupid.
Therefore, he must be counting on the rest of us to be that stupid.
And I love the "WTF?" look on the other guy's face! Ha!
Diurdi
08-07-2011, 12:26 PM
Greenspan cannot possibly be that stupid.
Therefore, he must be counting on the rest of us to be that stupid.
And I love the "WTF?" look on the other guy's face! Ha! He's not that stupid. Look at what he wrote when he was 40 years old. He understands the importance of sound money, however for the sake of his career he must've betrayed his principles.
Gold and Economic Freedom (1966 - Alan Greenspan)
http://www.constitution.org/mon/greenspan_gold.htm
"...can always..."
And that is the attitude statists have with everything they do.
Theocrat
08-07-2011, 01:31 PM
Alan Greenspan cannot be that stupid to suggest printing more money will get us out of debt. He must know that causes inflation. I think he said all that to ease the minds of the scared public.
Sola_Fide
08-07-2011, 01:38 PM
Bump for the fail soundbyte of a lifetime! WOW
Travlyr
08-07-2011, 01:45 PM
"This is not an issue of credit rating. The United States can pay any debt it has because we can always print money to do that. So, there is zero probability of default." - Former Federal Reserve Chairman, Alan Greenspan
Whew ... that's good to know. There is lots of money on the horizon. Party time & Vacations are in order.
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