Originally Posted By: tdtz
we will devalue our currency

OFFICIALLY DEVALUED

ie, pay back todays high debt with tomorrows cheaper dollars

that is what I am afraid of, just what Mexico did in 1994.

My brother and I talk about this all the time. I am 62, he is 64, we do not take SS yet, but the fear is that one day our personal savings and retirement plans will be worth 50% less. Wake up one morning and overnite you have been ruined by your own governments fiscal and fiduciary irresponsibility. When it happens, it will not be the stated goal of "wealth redistribution" but it will be the storm tide that lowers all boats.

Interesting... the stock market doesn't seem to mind what is going on. They do not seem to be as fearful as my statements above.