Friday, May 20, 2016

Trumponomics: Media, Experts Criticize Trump’s Proposal To “Print The Money” To Pay Down Debt

http://mediamatters.org/research/2016/05/10/trumponomics-media-experts-criticize-trump-s-proposal-print-money-pay-down-debt/210337
"Donald Trump called in to CNBC and outlined a plan to partially default on the United States’ outstanding sovereign debt obligations in hopes of eventually negotiating lower rates of repayment -- an action that would likely lead to a global financial crisis. Four days later, Trump claimed in a phone interview on CNN that the media had “misrepresented” his statement and that the United States would never default because the government could “print the money” needed to pay down the national debt"

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