China warns America about 'printing money'

May 27, 2009 WHO IS JOHN GALT? TAX COLLECTIONS PLUMMET.   Meanwhile, China warns Federal Reserve over ‘printing money’. “China has warned a top member of the US Federal Reserve that it is increasingly disturbed by the Fed’s direct purchase of US Treasury bonds.” So am I. Plus, over $99 Trillion in unfunded pension and health-care liability, “built up by a careless political class over the years.”    http://pajamasmedia.com/instapundit/79142/   Now, it's not that the US government is ever going to have to come up with $99 trillion at once.   Everybody would have to retire and get seriously sick at the same time.   But yes, that is 99 trillion dollars worth of unfunded pension and health-care liabilities.   And like all liabilities, it's a burden on the over all budget.

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