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**Indidockobeni** · 12-07-2011, 11:28 AM

A lot of misunderstanding going on.

Once upon a time gold was considered as money. The more you had the better off you were.

Then in 1933 gold was removed and replaced with debt. Yet the concept that the more money you had the better off you were continued to be the maxim still in place.

So now the U.S. is the greatest debtor? That means they have the most wealth (measured in debt).

All these countries that have less debt are as 3rd world countries when measured by the "debt is money" yardstick.

I don't write the rules. I merely read the tea leaves left after the beverage is consumed.

12-07-2011, 11:28 AM	#5
Indidockobeni Join Date Oct 2005 Posts 418 Senior Member	A lot of misunderstanding going on. Once upon a time gold was considered as money. The more you had the better off you were. Then in 1933 gold was removed and replaced with debt. Yet the concept that the more money you had the better off you were continued to be the maxim still in place. So now the U.S. is the greatest debtor? That means they have the most wealth (measured in debt). All these countries that have less debt are as 3rd world countries when measured by the "debt is money" yardstick. I don't write the rules. I merely read the tea leaves left after the beverage is consumed.
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