Why does the government think that printing money will get us out of debt?

by admin ~ March 11th, 2010
get out of debt
KatrinaLimited asked:


Printing money that we can not back would only put us in debt…correct?

Wouldn’t it be like owing $10,000 bucks on your credit card but you’re just paying the minimum each month and not the balance? I’m sure that over 16% interest or what ever is gonna kick yer in the rare.

What is your take on this?

Christopher Montney

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How would you get rid of the US national Debt if you were president?

by admin ~ March 8th, 2010
get out of debt
line writer asked:


and how would you explain that to middle schoolers?

Amanda Wen
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What problems arise out of excessive debt and inadequate saving?

by admin ~ March 8th, 2010
get out of debt
Claire D88 asked:


What problems arise out of excessive debt and inadequate saving, and how might the government might correct this?
Need some help with the above question. I dont even know where to start
Any suggestions of journals or journal articles i might read.

Aletha Douet
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How is obama going to get us out of debt when he prosposed a global tax to help other countries?

by admin ~ March 8th, 2010
get out of debt
kikkiday asked:


Universal healthcare
Free community college
he is also going to go back in Afghanistan

Keith
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What are some tips for getting out of credit card debt?

by admin ~ March 7th, 2010
get out of debt
Brian asked:


Right now, I have two main credit cards. One has a 7500 credit limit and the other has a 6000 credit limit. The balances on these are 7800 and 6700 respectfully. They are way over the limit and I want to get them down quickly. Should I put all my efforts into one of them or split it up between the both of them? Also, both interest rates are about the same.

Randa Youngblood
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What would happen if everyones debt under 100k just got wiped out, and credit scores reset?

by admin ~ March 7th, 2010
get out of debt
TIMMAYYY!!! asked:


would that cause a financial melt down or could something like that ever work.

this might be a dumb question, i dont really know how all the financial markets and all that crap work.

Brianna Maggini

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does anyone really care that the future generation will be paying for out Debt?

by admin ~ March 6th, 2010
get out of debt
katey asked:


So Obama added to it,we’ll be all dead,and our childrens,children will handle it.I say lets take out a trillion more and give it to the illegals ,so they can start a business and hire the white man at minimum wage.What say you?

Allison
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What would you do if someone wiped out your total debt?

by admin ~ March 5th, 2010
get out of debt
Bunny D. asked:


If someone paid off your total debt, would you make sure you stayed debt free and live off your income, or would you rack up the debt again? Just curious as to what you have to say.
Drewhart, I totally understand everything you said. But, in the question, I wasn’t asking what “I” should do. Maybe I am already debt free…but, many thanks for the Good Luck…we ALL need that. You gave excellent advise.
The cat’s mother: It is a wonderful feeling when you don’t have a mortgage. I surely hope you will be there soon……

Hank Dovenmuehler
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what happens if i stop paying my debt and decide to move out of the country?

by admin ~ March 5th, 2010
get out of debt
legend™ asked:


will they be able to find me or will the debt disappear when i come back in seven years?

Tony Bodziony
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How to i find out about debt purchasing. I was a victim of that act and i need to find a way to stop it?

by admin ~ March 1st, 2010
get out of debt
missvampunk asked:


I had paid the debt in 2002 as a settlement and now last year they have been sending me letters.. and i finally called and asked what it was for and i told them it was settled not to call and they tell me they are reporting it to my credit report but its not there.
it was not in collections as far as i know. I did pay it as a settlement. or charge off.. it should be considered paid and not collectable…

Stanley Duley
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mortgage loan modification agreement
incorporating a business