Comments on: Visualizing Uncle Sam’s Debts http://www.funtasticus.com/2008/12/01/visualizing-uncle-sams-debts/ Funtasticus.com provides the best entertainment on the web. Daily issues with jokes, humor, videos, pictures and much more! Dont miss out! Sun, 12 Feb 2012 09:13:12 +0000 hourly 1 By: Marty B http://www.funtasticus.com/2008/12/01/visualizing-uncle-sams-debts/comment-page-1/#comment-11868 Marty B Wed, 03 Dec 2008 14:36:16 +0000 http://www.funtasticus.com/?p=7315#comment-11868 Get back to me after you read the book then we'll continue our little chat. Get back to me after you read the book then we’ll continue our little chat.

]]> By: police officer http://www.funtasticus.com/2008/12/01/visualizing-uncle-sams-debts/comment-page-1/#comment-11865 police officer Wed, 03 Dec 2008 14:14:13 +0000 http://www.funtasticus.com/?p=7315#comment-11865 nothing more to say Marty ? nothing more to say Marty ?

]]> By: police officer http://www.funtasticus.com/2008/12/01/visualizing-uncle-sams-debts/comment-page-1/#comment-11791 police officer Mon, 01 Dec 2008 15:44:17 +0000 http://www.funtasticus.com/?p=7315#comment-11791 Well there you are, inflation is the result of creating more money, that's exactly my point. So you're not really teaching me anything here buddy. Obviously, someone has to have controll over this creation process which, by the way, is a thing happenning in every country of the world that has it's own money. So yes, you can create money, that's a fact, but you depreciate it's value in the same time. And personally, I love being something else than American !! Well there you are, inflation is the result of creating more money, that’s exactly my point. So you’re not really teaching me anything here buddy.

Obviously, someone has to have controll over this creation process which, by the way, is a thing happenning in every country of the world that has it’s own money. So yes, you can create money, that’s a fact, but you depreciate it’s value in the same time.

And personally, I love being something else than American !!

]]> By: Marty B http://www.funtasticus.com/2008/12/01/visualizing-uncle-sams-debts/comment-page-1/#comment-11790 Marty B Mon, 01 Dec 2008 15:26:32 +0000 http://www.funtasticus.com/?p=7315#comment-11790 I know it sounds unbelieveable that it exactly what happens. Congress authorizes the creation of more money and then the Federal Reserve creates it. There is no borrowing, there is no movement of gold, it is a simple matter of Congress authorizing the printing of more. And now it's not even printed, it's just a number added to a spreadsheet. Next time I'll teach you about how the American public pays for this through a little thing called inflation. Inflation is actually a unfair, hidden tax caused by the influx of additional monies into the market place. Ahhh I love being an American! I know it sounds unbelieveable that it exactly what happens. Congress authorizes the creation of more money and then the Federal Reserve creates it. There is no borrowing, there is no movement of gold, it is a simple matter of Congress authorizing the printing of more. And now it’s not even printed, it’s just a number added to a spreadsheet. Next time I’ll teach you about how the American public pays for this through a little thing called inflation. Inflation is actually a unfair, hidden tax caused by the influx of additional monies into the market place. Ahhh I love being an American!

]]> By: police officer http://www.funtasticus.com/2008/12/01/visualizing-uncle-sams-debts/comment-page-1/#comment-11789 police officer Mon, 01 Dec 2008 15:21:48 +0000 http://www.funtasticus.com/?p=7315#comment-11789 so just to finish my point, yes, it is debts to other governments. Being the greatest nation of the universe, the U.S. also has the largests debts worldwide. so just to finish my point, yes, it is debts to other governments. Being the greatest nation of the universe, the U.S. also has the largests debts worldwide.

]]> By: police officer http://www.funtasticus.com/2008/12/01/visualizing-uncle-sams-debts/comment-page-1/#comment-11788 police officer Mon, 01 Dec 2008 15:18:37 +0000 http://www.funtasticus.com/?p=7315#comment-11788 errr... excuse me, but you don't just create money, that would off course be too easy. Just think about it for a minute and you will understand something : it is called the offer and demand. If you "create" money, then you render more competition over the products and the price will rise (or the money devalues itself, the way you want to see it). The exact same thing happens at an international scale. errr… excuse me, but you don’t just create money, that would off course be too easy. Just think about it for a minute and you will understand something : it is called the offer and demand. If you “create” money, then you render more competition over the products and the price will rise (or the money devalues itself, the way you want to see it). The exact same thing happens at an international scale.

]]> By: Marty B http://www.funtasticus.com/2008/12/01/visualizing-uncle-sams-debts/comment-page-1/#comment-11787 Marty B Mon, 01 Dec 2008 14:52:42 +0000 http://www.funtasticus.com/?p=7315#comment-11787 I have to say something here. Nothing could be further from the truth. We do not owe other governments anything at all. The US has the ability to produce as much money as we want. It is called Finite money and since it is not backed by Gold or any other substance then there is no reason we can't just create the money needed to pay our 'debts'. A great book for inquiring minds is 'The Creature from Jeckyl Island', this book will explain how our national debt is a shame on the American public. I have to say something here. Nothing could be further from the truth. We do not owe other governments anything at all. The US has the ability to produce as much money as we want. It is called Finite money and since it is not backed by Gold or any other substance then there is no reason we can’t just create the money needed to pay our ‘debts’. A great book for inquiring minds is ‘The Creature from Jeckyl Island’, this book will explain how our national debt is a shame on the American public.

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