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To: wolfpat

sorry for the extra post.

The current government is not really taking anything from the markets to fund it’s borrowing. That’s the real problem!
They’re printing their own money to borrow and pay for bonds purchased by the governemnt.
A circle of straw-men.
If they had to go on a truly open market for the borrowing, the rates would be outrageous.
Get ready because THAT is what’s coming.


31 posted on 03/10/2013 7:23:24 AM PDT by Macoozie (1) Win the Senate 2) Repeal Obamacare 3) Impeach Roberts)
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To: Macoozie
They’re printing their own money to borrow and pay for bonds purchased by the government.

Isn't that the definition of "Inflation"?
32 posted on 03/10/2013 7:25:29 AM PDT by wolfpat (Not to know what has been transacted in former times is to be always a child. -- Cicero)
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