Michael: Remember that the Keynesian indebtedness swindle was carried out with the help of the slogan: “we only owe it to ourselves.” Fine! If there is no one other than “ourselves” to whom all of this indebtedness is owed, then no one is harmed by “ourselves” repudiating this debt, right? How absurd for me to think that I could owe myself $100 – whatever is implicit in that nonsense – and that I must exercise responsibility by paying this $100 back to myself.
Let those who knowingly profited from this swindle now bear the consequences of helping to peddle these deceitful words. In law, this is known as the doctrine of “estoppel.”
