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Question Details Asked By Asked On
NATIONAL DEBT: HANK1 10/11/06


    Can our national debt be satisfied by printing $$$ et al at our Denver mint and/or elsewhere?

    HANK

      Clarification/Follow-up by jackreade on 10/11/06 6:21 pm:
      Not if you don't want to carry your cash around in a wheelbarrow!

      How do you like the idea of a $10,000.00 loaf of bread? :)

      Mary Sue

 
Summary of Answers Received Answered On Answered By Average Rating
1. Hello HANK: Only if they start printing $1,000,000 bills. ...
 10/11/06 exconExcellent or Above Average Answer
2. Not without causing inflation. Germany tried it post WWI and...
 10/11/06 tomder55Excellent or Above Average Answer
3. you are not serious, are you. That is a recipe for run away ...
 10/11/06 paracleteExcellent or Above Average Answer
4. Since the Denver mint only produces coins that could be a pr...
 10/12/06 captainoutrageousExcellent or Above Average Answer
5. No. It can be lowered by either raising taxes (Democrats) o...
 10/12/06 drgadeExcellent or Above Average Answer
6. The answer is no. Sure, the US Treasury could print all the...
 10/17/06 ETWolverineExcellent or Above Average Answer
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