The supposed Debt Crisis in the United States is a complete fabrication and was created to do away with as many social programs as possible that took decades to create. Don’t fall for this trick.
No, The United States Will Not Go Into A Debt Crisis, Not Now, Not Ever – Forbes
Here is what I meant by gold (by itself) is fiat money too (since it really doesn’t have any value other than that people think it’s valuable.)
The Flawed Logic of the “Fiscal Cliff” – LA Times
“Deficit” is the Wrong Word and Concept
Debt, Deficits, and Modern Monetary Theory – Harvard International Review