“Print the Money”: Trump’s “Reckless” Proposal Echoes Franklin and Lincoln

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Even broken clocks are right twice a day.

Ellen Brown's avatarWEB OF DEBT BLOG

“Print the money” has been called crazy talk, but it may be the only sane solution to a $19 trillion federal debt that has doubled in the last 10 years. The solution of Abraham Lincoln and the American colonists can still work today.

“Reckless,” “alarming,” “disastrous,” “swashbuckling,” “playing with fire,” “crazy talk,” “lost in a forest of nonsense”: these are a few of the labels applied by media commentators to Donald Trump’s latest proposal for dealing with the federal debt. On Monday, May 9th, the presumptive Republican presidential candidate said on CNN, “You print the money.”

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1 thought on ““Print the Money”: Trump’s “Reckless” Proposal Echoes Franklin and Lincoln

  1. I like the analogy of the broken clock 😉 There’s no need to make this matter overly complex. Most of the ‘money’ in the global economy is not printed greenbacks or any of the other currencies we keep in our wallets or purses. Most of it is just digital electrical impulses occurring inside computers – but it is nonetheless ‘money’ which is being created. So the only question to be asked is: Who is creating it? And the answer is the private banking system, for their own profit, with the result that, no matter how much tax they collect, or how many state enterprises they sell off, governments can never pay back their debt. So it seems DT got something right at least. What has Bernie Sanders got to say on the subject I wonder?

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