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Friday, January 17, 2014
Scientific Calculator: so you can figure it out
Enjoy this free internet tool
Here are some interesting parameters
The US is printing anywhere from 65 to 85 billion USD per month
The US has reached its debt ceiling twice in the last six months
The US has a 17 trillion dollar debt
US taxpayers fund less than half of the annual budget
The only way the US is able to pay its bills is to print more money
BUT....
the USD is rising and so is the US stock market
Question:
Is this sustainable?
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