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Author Topic: Are you willing to pay more taxes to pay down the national debt?  (Read 2561 times)
Babylon
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August 04, 2011, 05:50:13 PM
 #41

I'd much rather see more money printed to pay down the national debt than to pay it down myself.

me too.  That would cause inflation and make my own debt less significant.

Fire up those printing presses.

Doesn't that depend on what type of debt you have?  Aren't some variable interest rates which means they can increase your interest rate to take into account inflation?

Mine aren't.  That does indeed depend, and IMO, anyone taking on a debt with an adjustable rate that they are not fully informed of is a fool.

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