Will the U.S. government ever have difficulty servicing its own debt?

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Gumby
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Re: Will the U.S. government ever have difficulty servicing its own debt?

Post by Gumby »

Kshartle wrote:
Gumby wrote: KShartle, by your definition, we don't use any "money," today aside from minted coins. Is that what you are saying?
Other than minted gold and silver coins, perhaps platinum we are not really using money. There might be other acceptable forms we are not using. This would be money that we would all agree upon vs. the peices of paper that we use because we are forced to.

However as I said earlier, for purposes of our discussion we can just refer to dollars as money and gold as gold. It makes things easier since dollars are performing money's function (very poorly I might add).

This is probably better in the "what is money" thread.
Cool. I will respond in the other thread...
Nothing I say should be construed as advice or expertise. I am only sharing opinions which may or may not be applicable in any given case.
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