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History doesn’t always repeat but sometimes rhymes
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Posted 12/6/2018 09:51 (#7152749 - in reply to #7152714)
Subject: RE: Kicking the can down the road works

Any comparison between the United States and Soviet economic system will show that the United States system is far superior. I was just explaining what happened and why things are the way they are today.

Facts are facts, if the currency issuer runs a balanced budget, then the non currency issuer must run a deficit, savings and the money supply shrink, the economy goes into recession until deficit spending resumes by the currency issuer.

Edited by FalcoFog 12/6/2018 09:56
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