[Rhodes22-list] Re tiring debt...

[Rik Sandberg]

Ed,

World benefit my butt. We borrowed money, we ought to pay it back. I 
don't really care what other countries have done. So, you posted that, 
tongue in cheek, right?

Rik

Will Rogers often said, "There's nothing quite like money in the bank." He went on to say, "I'm not so concerned about the return on my money as I am about the return of my money."



Tootle wrote:
> Robert,
>
> I asked this question of a noted economist.  His reply was simply default on
> debt and issue new currency.  If you stop and think about it, in your
> lifetime many countries have done that.  And for justification, the debt was
> created for the world benefit.  Just food for thought.
>
> Ed K
> Attachment:
> http://www.nabble.com/file/p20845329/North%2BMyrtle%2BBeach%2BSunrise.JPG
> North+Myrtle+Beach+Sunrise.JPG 
>