[ExI] Repudiating the national debt

Rafal Smigrodzki rafal.smigrodzki at gmail.com
Wed May 18 02:53:20 UTC 2016


On Tue, May 17, 2016 at 9:50 PM, John Clark <johnkclark at gmail.com> wrote:
>
>
> ​Budget? Taxes? What are on earth you talking about? You've refused to pay
> the debt, US government treasury bonds are now worthless so money no longer
> exists and there is nothing to tax.
>

### Gold exists.

----------------

> Well OK maybe you could reduce the cans of beans or number of dead
> squirrels or whatever is used to replace money by 80% in the Mad Max world
> that would follow such a economic catastrophe, but  there would be no
> patriots elected to high offices because there would be no high offices, or
> low offices, or government, or civilization or much of anything that makes
> life worth living.
>

### The problem with sky-is-falling rhetoric is that after a paragraph or
so eyes tend to glaze over.
 -----------------

>
> ​Yep, t
> hat and
> ​"T
> hree cheers for torture
> ​!"​
> and
> ​"N
> uclear weapons for everybody
> ​!"​
> pretty
> ​much ​
> sums up the Trump philosophy. And that is why Donald Trump is a madman.
>

### Yeah, yeah, sure.

Rafał
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