Friday, October 24, 2008

Spending $1T Overseas Running An Empire

I can't agree with socialism.
This, to me, is a dollar crisis. What we are doing is guaranteeing the devaluation of the dollar.

What you have to look at is the purchasing power of the dollar.
You can not save the dollar by printing more dollars.

You have to allow the liquidation of debt. You have to allow the market to set prices.

We are spending $1 trillion overseas running an empire and it is coming to an end.