Why is the National Debt important in a State race?
The National Debt is the nine trillion pound elephant in the room that everybody wants to avoid talking about. Unfortunately, we really need to talk about it, understand how and why it developed, and begin to make the changes to resolve our predicament. Ben Franklin’s experiment in paper money is a dismal failure. The ability to create a limitless amount of money has also created a limitless amount of debt and inflation. This is not a random coincidence, but a direct result of cause and effect. Young people are graduating college with a debt load that two generations ago would have been the size of a mortgage. At the same time, young children are investing in the UPlan. This situation is absurd. If money is just a piece of paper, then why is there such an imbalance, and why are children being taught to worry about money at such a young age? From cradle to grave people are constantly consumed with the worry about money. This is not normal, and none of the prevailing economic theories ca
