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Reply to "Everyone is taking a pay cut. Why not the Feds?? "
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[quote=Anonymous]OP we are heading towards a depression cutting salaries at the countries largest employer would be Hoover-esque. You let the Fed print money, you let gov borrow at 0%, and give the money to everyone who needs it to get through this. Worried about debt or inflation? Don’t we are still the prettiest horse in the glue factory. Debt we can always pay off since it’s borrowed in our currency, and inflation during a depression is hard to pull off. [/quote]
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