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What LBJ said about silver coinage

Back when the debt was low, (and interest on it was low,) the US was actually producing goods that we here and the rest of the world both wanted and bought.
A country CONNOT be prosperous, nor its citizens enjoy a good lifestyle unless they produce what others want.
When you become a "service" society, there is no wealth generated except for a very few at the top of the ladder.
An easy analogy would be to say that a service society produces one billionaire instead of a thousand millionaires, it amalgamates wealth in fewer people.
A service society is basically just a step or so above a "barter for labor" without "goods" being produced.
You can't maintain a high standard of living when the workforce becomes one where "everybody just sells insurance to one another".
At a basic level, every job/factory shipped overseas and every overseas product we are increasingly forced to buy, (because we don't produce it anymore,) means that the Govt. must borrow more and more to prop-up the markets and to maintain a charade of "don't you worry, the economies just fine".
Guess what, it isn't "fine" and it will crash.
The only thing for debate is "how long until it does?".
 

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