"An economist friend of mine told me that historically, this nation would raise taxes, aggressively sell bonds, enact rationing of various goods, and other tactics during a time of war, so that everyone felt the "pain" of being at war, which would rally the nation and its people and to aggressively work to end that war."
Very interesting comment you have here. Makes a lot of sense, kinda like having some catastrophe do the same thing like Pearl Harbor and the Twin Towers. No doubt, we are steered just where the "steerers" want us to go......like a bunch of sheep! No doubt the result of the towers has made the debt what it wouldn't be otherwise. The question is, have the decisions resulting from that act been in our best interest as a nation?
One thing my granddad told me as young shafer: The government has the ability to print money when it runs out and money is just a means to an end, legal tender for goods and services one needs and wants. Wink!
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Today's Featured Article - Identifying Tractor Smells - by Curtis Von Fange. We are continuing our series on learning to talk the language of our tractor. Since we can’t actually talk to our tractors, though some of the older sect of farmers might disagree, we use our five physical senses to observe and construe what our iron age friends are trying to tell us. We have already talked about some of the colors the unit might leave as clues to its well-being. Now we are going to use our noses to diagnose particular smells. ELECTRICAL SMELLS
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