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Debt spending explosion, the death throes of the USA?
A world class military is a wonderful entity for a nation to possess. Unfortunately as the FORMER Soviet Union found out… one must possess both a value based currency & a viable bartering means(free market) to make sure a 1st class military can be afforded. Unfortunately the 1st class military that the USA currently hosts has ‘broke the bank’. With the fiat currency the USA now uses, unsustainable debt has lead to the beginning of hyper inflation.
Unfortunately, debt spending is not a symptom of a problem with government… it’s a symptom of a worthless fiat currency. The following article I would be appreciative of your comment on…
http://www.campaignforliberty.com/article.php?view=1422
USA has a guns vs butter problem. Usually a nation can afford one or the other. Europe has been able to have socialist utopias because USA defended them. But our main problem is trying to do both guns and butter. Our military spending is small compared with our social programs. Since we can’t afford both, we have to decide which is more important; guns or butter. Since we must have military, it is socialist redistribution to social programs which must change.
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