Government borrowing

[x5x3]

BlackG7R said:

x5x3 said:

how do you define a theory, or to redefine that, what does a theory become not a theory?

When it's been put into practise, and proven to work or not work.

Which I don't think it has yet.

I'm not saying it won't work, (although that is my feeling)

I'm saying we don't know yet, and it seems to be quite a dangerous thing to "try out" as it could be absolutely disastrous if it doesn't.

well unless it has been true all the time, not sure any country which issues its own currency has gone bankrupt yet?

[Condi]

x5x3 said:

well unless it has been true all the time, not sure any country which issues its own currency has gone bankrupt yet?

Just because something hasn't happened, doesn't mean it can't happen.

[stichill99]

Did Zimbabwe go bankrupt? Or did they just stop using their own currency? Their hyperinflation didn't end well when using the Zim dollar. Food prices rocketing etc. Ofcourse it would all be whitey's fault!