FREE MONEY
I’ve always believed that the U.S. economy would eventually crash and burn. People in the gold and silver business uniformly hold that view. The fact that it hasn’t happened yet, only means that a national bankruptcy is still to come. Mr. Trump could postpone the “big one” with his conservative policies, or he could miscalculate and plunge us into hyperinflation or depression. It’s the liberal agenda that will ultimately do us in. At some point in the future, liberals will be governing again, and their runaway spending could be the final nail in our coffin.
Currently, the leftists in America are trying to alarm us over the possible loss of Social Security and other benefits. However, if we don’t stop burning through money, this financial profligacy will ensure that no retiree gets much. Spending to the point we must print new money to pay the bills will cause us to eventually suffer hyperinflation and bankruptcy. Should that occur, Social Security will be kaput. Leftist politicians don’t seem to think limits on spending are important. They blow billions to fund their runaway social sympathy, ignoring that free money takes a toll. It erodes the purchasing power of the money, and in many cases, corrupts the behavior of the recipients.