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

Recent posts

New Glenn 3 flight profile BuckGalaxy April 18, 2026 12:08 am (Space/Science)

NASA's Moon Base User’s Guide BuckGalaxy April 16, 2026 3:10 pm (Space/Science)

Meanwhile, bye bye National Forest Service podrock April 9, 2026 8:13 am (CurrentEvents)

Is Isreal really a US ally RobVG April 8, 2026 5:21 pm (CurrentEvents)

Eventually, one has to just admit it. podrock April 6, 2026 8:08 pm (CurrentEvents)

Where no one has gone before BuckGalaxy April 6, 2026 7:49 pm (Space/Science)

Moon noticeably getting larger in live stream RL April 6, 2026 4:23 am (Space/Science)

Regime Change BuckGalaxy April 4, 2026 4:22 pm (CurrentEvents)

HERE WE GO, BABY! BuckGalaxy April 1, 2026 3:07 pm (Space/Science)

April Fool's Day ER April 1, 2026 7:56 am (Space/Science)

A Big Beautiful Bunker podrock March 31, 2026 10:11 am (CurrentEvents)

Artemis II is scheduled to launch on Wednesday, April 1, 2026, at 6:24 p.m. EDT BuckGalaxy March 30, 2026 3:09 pm (Space/Science)

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