Economy

Trump: Don’t Worry About Default, We’ll Just Print More Money

trump_dick
JM Ashby
Written by JM Ashby

Republican presidential nominee Donald Trump turned a few heads last week when he we should reduce our national debt by refusing to pay for it in what would amount to a default.

Trump was evidently informed that that's not how this works and today he debuted a new talking point that isn't any better.

"People said I want to go and buy debt and default on debt, and I mean, these people are crazy. This is the United States government," Trump told CNN's Chris Cuomo on "New Day." "First of all, you never have to default because you print the money, I hate to tell you, OK?"

Don't worry, we'll just replace one financial catastrophe with another under President Trump.

Imagine my delight to find that the party of hyper inflation has chosen a nominee who says we should print more money. Republicans routinely argue against progressive economic policy by predicting that it will lead to runaway inflation, but their own presidential nominee now says we should create runaway inflation by printing more money.

How many big businessmen out there mistakenly believe the government can be managed just like their Fortune 500?

  • mnpollio

    Every time Trump’s mouth opens either a vile insult or a total idiocy falls out. How proud we must be as American’s that there is a chance that this could be the face that we show to the world! Imagine him attending fragile diplomatic meetings with world leaders. Would we even have any allies by the time he was done wagging his foolish jaw? And I wish the media would aggressively challenge this meme that Trump is a brilliant businessman. His approach seems to be to have things implode and then buy his way out of it and leave someone else the mess to clean up.

  • Badgerite

    Yes, because I have always wanted to pay $500 dollars for a can of coke.
    Were he president and blurted out such nonsense, stock markets around the world would tumble.

  • muselet

    Donald Trump says stupid things, denies he’s said those stupid things, says more stupid things and whinges about how the media didn’t quote him accurately. He don’t know nothin’ about nothin’, and he would be an unmitigated disaster anywhere in the vicintity of the levers of power. And he’s the presumptive nominee of one of our major political parties.

    Egads.

    How many big businessmen out there mistakenly believe the government can be managed just like their Fortune 500?

    A distressingly large number, I’m afraid.

    –alopecia

  • Victor the Crab

    What does one expect from an orange assclown who had to file for bankruptcy not once, but FOUR TIMES, yet passes himself off as a financial genius to the idiot rubes that want to believe him.

  • Badgerite

    Jesus. Just a minute while I pick my jaw up off the ground.

  • Draxiar

    What a damn dunce. Here we have an ego driven know-nothing who is basically talking about his plans (running the government like his failed businesses) on deep sixing the US economy that is actually doing pretty good. Worse yet there are his political party members many who’s balls have dropped off and are getting right in line behind him because they don’t know what else to do for fear of getting verbal wedgies. I hope Drumpf gets utterly humiliated in the debates with Clinton…like, run off the stage crying humiliated.