In response to:

Push the Fed Over the Cliff

txlady62 Wrote: Dec 03, 2012 7:04 AM
Sooner or later you are going to have to pay for borrowing , be real, nobody borrows without haveing to pay back. Get real. Or normally most people have to unless someone else does it for you.

Stop worrying about the ‘fiscal cliff.’ Spending cuts would feel therapeutic after watching Standard & Poor's and Egan-Jones downgrade our credit rating and seeing President Obama add $6 trillion to the national debt. The way to avert another recession and massive inflation is to eliminate the unconstitutional Federal Reserve.

There are two ways for politicians to “pay” for their spending. They can be transparent and raise taxes extremely high across all income levels. (This is not happening because politicians know Americans would riot.) Or, they can be sneaky and “monetize the debt,” which means allowing the Federal Reserve to print money...