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Bluegene Donating Member (5 posts) Send PM | Profile | Ignore Fri Aug-12-11 09:54 PM
Response to Original message
48. Not sharp to begin with
He never was the sharpest knife in the drawer, but now pure insanity. Yeah, let's just print money and pay everything off...Woohoo. :wtf:
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  -Greenspan: US "Can Pay Any Debt It Has Because We Can Always Print Money" kpete  Aug-07-11 07:37 PM   #0 
  - Welcome to Weimar USA.  no_hypocrisy   Aug-07-11 07:38 PM   #1 
  - spot on, that.  ixion   Aug-07-11 07:40 PM   #4 
  - Not quite.  AverageJoe90   Aug-13-11 01:46 AM   #49 
  - ''Honey, we've got enough for a quart of milk and half a dozen eggs......  DeSwiss   Aug-07-11 08:05 PM   #16 
  - Ah, someone knows their history!  Yo_Mama   Aug-08-11 12:31 PM   #40 
  - Got Gold?  roomfullofmirrors   Aug-07-11 07:39 PM   #2 
  - Hell yeah.  roamer65   Aug-07-11 07:45 PM   #8 
  - Today's printed money is tomorrow's coarse toilet paper.  marmar   Aug-07-11 07:40 PM   #3 
  - If you are printing money to pay your debts that usually means nobody wants to buy your bonds  dkf   Aug-07-11 07:47 PM   #10 
  - Go buy a loaf of bread after we start doing that.  baldguy   Aug-07-11 07:42 PM   #5 
  - It worked so well for Germany  Drahthaardogs   Aug-07-11 07:43 PM   #6 
  - "...As long as you don't mind paying $100 for bread."  TheWraith   Aug-07-11 07:44 PM   #7 
  - I watched this morning and he looked awful I can't understand why  snappyturtle   Aug-07-11 07:49 PM   #12 
  - God, Greenspan is such a fucking idiot!  47of74   Aug-07-11 07:47 PM   #9 
  - So if I have checks  Politicalboi   Aug-07-11 07:47 PM   #11 
  - You don't have your own currency and, even if you did, it isn't the world's reserve currency.  Hosnon   Aug-07-11 09:39 PM   #25 
  - Send Geithner your resume n/t  rayofreason   Aug-12-11 08:14 PM   #47 
  - delete n/t  politicasista   Aug-07-11 07:49 PM   #13 
  - that's something a fourth-grader would say n/t  alp227   Aug-07-11 07:52 PM   #14 
  - .  blkmusclmachine   Aug-07-11 08:01 PM   #15 
  - He didn't actually say that did he?  ozone_man   Aug-07-11 08:11 PM   #17 
  - Shocking, isn't it? If he really believes this...  Frank Cannon   Aug-07-11 10:38 PM   #28 
  - ah, ever the brilliant man  placton   Aug-07-11 08:12 PM   #18 
  - Just because US "can always print money" does not mean that  Fool Count   Aug-07-11 08:28 PM   #19 
  - Isn't that like saying we are going to pay our bills with worthless money? nt  jwirr   Aug-07-11 08:45 PM   #20 
  - Well, it isn't worthless as long as every other countries central banks  Amonester   Aug-07-11 08:54 PM   #21 
  - Which means that method is not going to fix the economy. Thanks.  jwirr   Aug-08-11 12:05 AM   #30 
  - Why waste the linen and metal to print more money?  christx30   Aug-08-11 02:35 PM   #44 
  - Remember, Greenspan loved Ayn Rand  ocd liberal   Aug-07-11 09:18 PM   #22 
  - Solutions  Frank1   Aug-12-11 06:37 PM   #46 
  - please someone check his brain for mad ayn rand syndrome.  Javaman   Aug-07-11 09:24 PM   #23 
  - Hmm, I think someone needs to look into greenspaz's background  Javaman   Aug-07-11 09:34 PM   #24 
  - "...because we can always print money..."  unkachuck   Aug-07-11 09:41 PM   #26 
  - wait? what?  alphafemale   Aug-07-11 09:47 PM   #27 
  - Yeah, ok...  Turborama   Aug-07-11 11:26 PM   #29 
  - I am not an economics genius, but I think thats a bad idea...  and-justice-for-all   Aug-08-11 12:06 AM   #31 
  - Exactly. Never taken an economics class in my life,  wickerwoman   Aug-08-11 03:02 PM   #45 
  - Good news everyone!  buckrogers1965   Aug-08-11 12:18 AM   #32 
  - don't forget inflation  fascisthunter   Aug-08-11 10:37 AM   #37 
  - Idiot. Like there are no repercussions to that.  harun   Aug-08-11 12:39 AM   #33 
  - From the man who pressured Congress to repeal Glass Steagall.  No Elephants   Aug-08-11 01:59 AM   #34 
  - "... because we can always print money to do that."  area51   Aug-08-11 02:48 AM   #35 
  - it's almost as if they want us to be Germany before the nazis took over  fascisthunter   Aug-08-11 10:36 AM   #36 
  - Well, if you pay back in a degraded currency it is default  Yo_Mama   Aug-08-11 11:48 AM   #38 
  - Perhaps he has had a mini stroke or two. What an odd comment  kiranon   Aug-08-11 12:09 PM   #39 
  - Exactly what the Weimar Republic did after WWI  Doctor_J   Aug-08-11 01:01 PM   #41 
  - You think he would know better. n/t  AngryOldDem   Aug-08-11 01:10 PM   #42 
  - Is Greenspan really saying that the U.S.A. does not buy their ink and paper from China?  mrdmk   Aug-08-11 02:33 PM   #43 
  - Not sharp to begin with  Bluegene   Aug-12-11 09:54 PM   #48 
 

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