The debt hawks are to economics as the creationists are to biology. Those, who do not understand Monetary Sovereignty, do not understand economics. If you understand the following, simple statement, you are ahead of most economists, politicians and media writers in America: Our government, being Monetarily Sovereign, has the unlimited ability to create the dollars to pay its bills.
Read this article: Article by John T. Harvey Don’t ask why. Just read it.
Rodger Malcolm Mitchell
No nation can tax itself into prosperity, nor grow without money growth.