Paper money flows
In 2011, a supercommittee of United States senators and representatives failed to reach agreement on cutting the federal deficit, and passed future budget cuts known as sequesters.
Now, Sen. Patty Murray, D-Wash., and Rep. Paul Ryan, R-Wis., have swept the sequester spending cuts aside, increased current spending, with more promises of future spending cuts.
The United States debt on Sept. 15, 2009, was $11.8 trillion. Today it is at $17.22 trillion. The Federal Reserve monthly prints $85…