David_N
DP Veteran
- Joined
- Sep 26, 2015
- Messages
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- Location
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Trump is correct! This will lead to some very interesting discussion.
Maybe Trump listened to Greenspan?
Greenspan: US "Can Pay Any Debt It Has Because We Can Always Print Money" | RealClearPolitics
(Trump is still an idiot, but the fact he has said this is a huge deal.)
Trump: U.S. will never default 'because you print the money' - CNNPolitics.comDonald Trump declared Monday the U.S. never has to default on debt "because you print the money," while clarifying his strategy for managing the national debt.
Trump insisted that he never said the U.S. should default or attempt to renegotiate with creditors, as had been reported.
"People said I want to go and buy debt and default on debt, and I mean, these people are crazy. This is the United States government," Trump told CNN's Chris Cuomo on "New Day." "First of all, you never have to default because you print the money, I hate to tell you, OK?"
Maybe Trump listened to Greenspan?
Greenspan: US "Can Pay Any Debt It Has Because We Can Always Print Money" | RealClearPolitics
Alan Greenspan, Former Chairman of the Federal Reserve: "Very much so. 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."
(Trump is still an idiot, but the fact he has said this is a huge deal.)