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For adults only: Can you find a flaw in this logic?
03-24-2014, 12:14 PM
Post: #11
 
Your original assumption about the DINO is false.
Therefore all the other points anchored on that false assumption can not be valid.
Your DINO is in fact a Debt. If all bond purchasers were to not buy more bonds when the old ones must be retired, the SHTF.
The Tax payers would be hit.
Fortunately that won't happen - we hope. It would Kill America. But the fact remains, a debt will have to be paid and it won't be paid by anyone else other than the tax payers and from the money spent by the elderly for SS, and Medicare.
thoseon the dole will not receive their monthly checks either.
Oh, the printing presses will pump out counterfeit currency, but the world will not want it.
Living with a DINO is living in Fantasy Land.

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