That does NOTHING to reduce our debt. We still owe the money. It might change our national net worth. But unless you sell the gold to raise the $$$ to pay down the debt, the debt doesn’t change.
I’m puzzled how anyone on this board could not understand that.
True dat.
I was facilitating a training on safety culture this morning. One of my messages for new team members relates to their impact on our organizational safety culture. It will either be positive or negative, there is no neutral impact.
Brennan Manning said something similar “In every encounter we either give life or we drain it, there are no neutral exchanges.”
Societal morality plays by this rule as well.
Point is, there are a lot of well meaning people out there standing on the sidelines. Restoring public morality requires them to sack up and make a difference.
But should reduce our interest rates and save those funds.
Seems silly, given that they’re talking about adding trillions to the debt via tax cuts.
Here’s a better idea - ask patriotic citizens to send the government the change they have in their couch cushions.
It won’t and it can’t. Our national borrowing capacity isn’t backed by assets at all.
Please repeat after @ rainphakir
Rule of Law is NOT moral or ethical.
It’s merely “what is legal”.
It’s merely “what is legal”.
It’s merely “what is legal”.
A Heavenly argument
On Earth it’s, “Don’t get mad, get even.”
The Captain
Bingo! I will use your phrasing in future. There is real peril from hyper-individualist forms of libertarianism that ignore the fundamentally social nature of language, morality, politics, and of being human.
Gold is manic.
Perhaps manic as a word means nothing to you.
Selfishness. I think that’s all it is.
Blind selfishness. Exactly.
The stoopid thinks it is a negotiation.
Gold is behaving in quite a logical manner given the state of the world.
Almost $3,400 an ounce, a bit up on $35 an ounce.
AI overview:
Since 1971, when the dollar was unlinked from gold, gold has seen a significant price increase. From January 1971 to December 2019, gold’s average annual returns were 10.6%. In 2023, the annual average return was 13.8%, and in 2024, it was over 28%
No counterparty risk either 
Now you are getting manic.
