The Contrived Drama of the Debt Ceiling
From Organic Design wiki
http://dont-tread-on.me/the-contrived-drama-of-the-debt-ceiling
- We are within weeks of hitting the national debt ceiling (soon to be floor) of $14,294,000,000,000.00. There will be great political drama. The media will be breathlessly cover it. The American people chew their finger nails into nubs, waiting to hear their fate. I hate to be the bearer of bad news, (actually it like it ) but the debt ceiling will be raised as we head off the cliff of hyper-inflationary depression.
- Here is why it will happen, our monetary system must create more money every year in excess of the debt and interest accrued the previous year.