About woppa

woppa's most recent comments:

On 27 Feb 2013 in 10 hour goat version of Taylor Swift singing I Knew You Were Trouble, woppa said:
I frigging love this. Just cracks me up everytime.
On 8 Jan 2013 in , woppa said:
So the coin is minted and shipped to the fed...the 1 trillion is put on the books. The bills are paid with that "money". Now how is this not being spent, aside from the fact that due to our fiat currency and our system of paying government bills with the federal reserve, we really never spend money...because when you look at it, fiat currency isn't really money, its just numbers on paper. If the debt ceiling is not raised further down the road, can we just do the same thing again and again with no consequence?
On 8 Jan 2013 in , woppa said:
I understand when you say the debt ceiling and the deficit being two separate entities is a ridiculous notion. I just disagree about the fact that the government can just spend recklessly and pay the debts with money printed specifically for that purpose. There is no way that is good for the value of the dollar. We may get away with it once, but if I am China and I see us doing that over and over again, I am going to start thinking the bonds I am buying are monopoly money, which they basically are. How could you think otherwise?

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