Former Fed Chairman Alan Greenspan “The US Will Never Default Because We Can Always Print Money…” Am I The Only One Who Finds This Disturbing?

Alan Greenspan, the former Chairman of the Federal Reserve states that “the US can always print money” and that the US can pay any debt it has because of this.  

See the video here:

I assume this includes Social Security and Medicare Mr. Greenspan?

I don’t believe Social Security checks will ever stop being sent out… but with the rampant inflation caused by this “money printing,” to pay the debts, the cost of living is going to skyrocket!  What will your $1,200 social security check get you when your rent on a 2 bedroom apartment is $12,000?  S.O.L. to the American middle class!  

This is why you need to decide to become a millionaire ASAP!




Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s