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- May 7, 2010
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That is until we as a nation can no longer sustain the debt we are piling up. Oh sure the government could print 20 trillion dollar notes and pay it off.
Why would we ever have a need to pay it off? It's not like our government is going to retire when it reaches a certain age.
But what would the dollar be worth then? How many wheel barrels of dollar bills would it take to buy a loaf of bread and a dozen eggs?
It doesn't particularly matter, especially now when we don't actually have to physically carry in our dollars bills when we go to the store.
We could have a 100 to one dollar split (like a stock split) today, and it wouldn't make any difference. Suddenly our paychecks would be 100 times larger, and our bank accounts would be 100 times larger, and everything at Walmart would cost 100 times more.