Joe Firestone: Corrente
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Submitted by lambert on Sat, 01/05/2013 - 11:22pm
Incident topic:
Incident class:
Incident time:
Wednesday, January 19, 2011
Incident address:
United States
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"The impact of coin seigniorage in eliminating deficits, the national debt, and bringing the debt-to-GDP ratio to zero isn't very important economically, since the size of these numbers doesn't create any solvency risk, or impair the Government's ability to sustain future fiscal activity. But that impact is very important politically and psychologically" (original).
