Friday, August 23, 2013

Another Greek Bailout? Sure...we'll simply print the money

UK may have to help third Greek bail-out  COMMENT: Godfrey Bloom, UKIP MEP
Central bankers and politicians speak of never-ending bailouts only because they can print money in unlimited amounts.  The Greeks know it; the Spaniards know it; the Irish know it; the Portuguese know it; every profligate politician buying votes with funny money knows it.  No country will ever get its finances in order as long as this fact remains.  Return to sound money and all nations MUST get their finances in order; they will have no choice.  They will be forced to behave like we great unwashed, spending only what we earn or what borrowings the credit markets deem we can repay.

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