alan greenspan can print more money

This is screwed up:

“This is not an issue of credit rating. The United States can pay any debt it has because we can always print money to do that”

Alan Greenspan on the USA’s credit rating being downgraded on the weekend.

Print more money? Seriously? Is that really the solution to the whole world, Australia included, being addicted to debt and having been on one huge debt binge for the last decade? Confidence inspiring.

Video here.

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