Time For a United States Debt Jubilee, Japanese Style (We Need Pecora Commission to Prosecute Bankster Criminals Too!)

New post on WEB OF DEBT BLOG

Sovereign Debt Jubilee, Japanese-Style

by Ellen Brown

Japan has found a way to write off nearly half its national debt without creating inflation. We could do that too. Let’s face it. There is no way the US government is ever going to pay back a $20 trillion federal debt. The taxpayers will just continue to pay interest on it, year after year. … Continue reading Sovereign Debt Jubilee, Japanese-Style

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