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View Diary: New IRS report confirms upcoming retirement crisis (95 comments)

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  •  That's only true... (0+ / 0-)

    ...if the $10 paid in wages were "printed" rather than, the normal case where it is exchanged for something of $10 value (labor, presumably) and then exchanged again, by the worker, for something of $10 value (perhaps a good such as petrol or labor such as a physician's services).

    I'm afraid that I don't understand when you are proposing "printing" money -- I thought you were only proposing creating (i.e. printing) money to pay retirees.

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