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Selatius

(20,441 posts)

28. The US economy would suffer terrible inflation if the Dollar went into default.

Reply to brooklynite (Original post)

Mon Jan 14, 2013, 04:39 AM

Jan 2013

The fact that the Republicans are seriously entertaining such an outcome should show people how extremist and ultra-right the Republican Party has become.

Things have been bad in this economy, but I think 8.00/gallon of gas would do the economy in. Anything made overseas and brought here to be sold would see massive price increases.

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Double trouble: House GOP eyes default, shutdown [View all] brooklynite Jan 2013 OP

Boehner's number is 202-225-0600. CBHagman Jan 2013 #1

tell Boehner and companies you will be moving your funds out of CreekDog Jan 2013 #25

These are great ideas! Why Syzygy Jan 2013 #36

I can only imagine the headline if Democrats were behind this idea high density Jan 2013 #2

Fox News Would Be Organzing 24/7 Pickets of Democratic Members of Congress... TomCADem Jan 2013 #10

And this is what we need to be doing to them NOW! BVictor1 Jan 2013 #19

Vilify and crucify... ReRe Jan 2013 #22

scam Why Syzygy Jan 2013 #3

Does this assume that no interest needs to be paid on the debt? mostlyconfused Jan 2013 #12

At the moment, interest rates are so low it really *doesn't* matter starroute Jan 2013 #13

"interest rates are so low that once you factor in inflation, they're practically negative" mostlyconfused Jan 2013 #33

I'm going to let the author answer. Why Syzygy Jan 2013 #16

Reserve currency reteachinwi Jan 2013 #14

The same researcher posted this. Why Syzygy Jan 2013 #18

Thanks for the reply reteachinwi Jan 2013 #20

Since the Why Syzygy Jan 2013 #21

I love Max reteachinwi Jan 2013 #23

He has some great Why Syzygy Jan 2013 #26

If we crash to the point that only gold matters, then gold won't matter either. Food will matter ... marble falls Jan 2013 #31

Why not? The Rethugs gained seats last time this happened. riderinthestorm Jan 2013 #4

I think they'll do it MannyGoldstein Jan 2013 #5

They'll get Obama to surrender if they have to kick our teeth in. caseymoz Jan 2013 #6

Spend & Blame Republican Party ProfessionalLeftist Jan 2013 #7

...anything to destroy America and Americans. SoapBox Jan 2013 #8

Two different things creeksneakers2 Jan 2013 #9

I Have a Better Idea StevePaulson Jan 2013 #11

Something stinks. Beartracks Jan 2013 #17

Stamping your feet in a tantrum to demonstrate you're serious... Beartracks Jan 2013 #15

Finally cut spending?? Fearless Jan 2013 #24

More Childish Behavior Displayed By Children Acting As Men cantbeserious Jan 2013 #27

The US economy would suffer terrible inflation if the Dollar went into default. Selatius Jan 2013 #28

They won't shut down the economy...CONgress just voted themselves a pay raise.... lib2DaBone Jan 2013 #29

The Republicans voted themselves a freaking PAY RAISE Berlum Jan 2013 #30

Yawn. nt bemildred Jan 2013 #32

American held hostage, again. n/t BadgerKid Jan 2013 #34

"Nobody move, or the bunny gets it!" bemildred Jan 2013 #35

Great idea rocktivity Jan 2013 #37

I can Not wait for the GOP House reps to tell lovuian Jan 2013 #38