• Space/Science
  • GeekSpeak
  • Mysteries of
    the Multiverse
  • Science Fiction
  • The Comestible Zone
  • Off-Topic
  • Community
  • Flame
  • CurrentEvents

Recent posts

Birthright Citizenship RobVG June 29, 2025 3:34 pm (CurrentEvents)

To be blunt, NASA is now dead RL June 27, 2025 11:56 am (Space/Science)

Musk trashes his own AI after it chose a liberal worldview. RobVG June 23, 2025 9:56 am (CurrentEvents)

Psyche keeps its date with an asteroid BuckGalaxy June 22, 2025 5:21 pm (Space/Science)

Just for the record... ER June 22, 2025 8:59 am (CurrentEvents)

The Three Unknowns After the U.S. Strike on Iran BuckGalaxy June 22, 2025 12:58 am (CurrentEvents)

There are only nine meals between mankind and anarchy. BuckGalaxy June 22, 2025 12:29 am (Flame)

Not ready for prime time BuckGalaxy June 19, 2025 12:18 pm (Space/Science)

hypocrisy ER June 15, 2025 2:30 pm (Flame)

NSIDC offline? ER June 12, 2025 12:19 pm (Space/Science)

Wouldn't it be nice BuckGalaxy June 11, 2025 3:13 pm (Off-Topic)

Thank You Falettinme Be Mice Elf Agin BuckGalaxy June 9, 2025 1:35 pm (Off-Topic)

Home » CurrentEvents

Gee- why hasn't anyone thought of this solution before? September 13, 2018 12:39 pm RL

Why don’t we just print money to pay off the debt?!

As a candidate, Donald Trump pledged to balance the federal budget and lower the national debt, promises that are proving difficult to keep.

Once he won, Trump considered an unusual approach that was quickly slapped down by his chief economic advisor, according to veteran journalist Bob Woodward’s new book, “Fear: Trump in the White House,” which went on sale Tuesday.

“Just run the presses — print money,” Trump said, according to Woodward, during a discussion on the national debt with Gary Cohn, former director of the White House National Economic Council.

“You don’t get to do it that way,” Cohn said, according to Woodward. “We have huge deficits and they matter. The government doesn’t keep a balance sheet like that.”

Cohn was “astounded at Trump’s lack of basic understanding,” Woodward writes.

  • Someone has. by ER 2018-09-13 17:09:34
    • "financialised capitalism" by Robert 2018-09-13 18:37:02
      • The etymology of credit. by ER 2018-09-13 19:56:26

    Search

    The Control Panel

    • Log in
    • Register