I suggest allowing each tax payer to pay voluntarily some toward the debt ONLY so a % of any federal inflation increase & allowed yearly.
-----Original Message----- From: jr_...@yahoo.com [FairfieldLife] <FairfieldLife@yahoogroups.com> To: FairfieldLife <FairfieldLife@yahoogroups.com> Sent: Wed, Jun 1, 2016 8:21 pm Subject: [FairfieldLife] How America can Pay for its $20 trillion National Debt It can be done by keeping the fed rate low as long as inflation is relatively low as well. Over time, the national debt will be payable as salaries increase, employment rises, and the stock market keep rising. The old debt is based on past dollars. So, over time the new tax revenues, which have more purchasing power than the old dollars, can easily pay for the national debt that is based in past interest rates. So, that appears to be the Reserve Board's strategy which is basically "kicking the can down the road" hoping that the future interest rates will be lower than it is now. It appears feasible since the banks appear to be relying on mortgage derivatives as "safe" investment for the future. These derivatives, however, can be compared to building a house with a deck of cards. So, there you have it. The future of global finance is safe as l ong as the wind doesn't blow. Let's hope the national debt is paid before the house of cards falls.
