To: RightGeek
We could, at this point, suggest that the Treasury actually has a negative amount of cash because the amount it appears to have is less than it owes Apple and Microsoft in those short-term Treasuries. The government is 17 trillion in debt. I have more money than the government.
2 posted on
04/13/2014 8:22:43 AM PDT by
FatherofFive
(Islam is evil and must be eradicated)
To: FatherofFive
As the last line says: That last point meaning that if you’ve got one single dollar bill and no debts then you’ve got more money than the Feds.
3 posted on
04/13/2014 8:25:30 AM PDT by
RightGeek
(FUBO and the donkey you rode in on)
To: FatherofFive
The government is 17 trillion in debt.
I am afraid you are more than $100T short of the actual debt.
6 posted on
04/13/2014 8:44:29 AM PDT by
mountainlion
(Live well for those that did not make it back.)
To: FatherofFive
But who’s “the government”?
The people.
So if “the government” is $17 trillion in debt, then so are the people - so, every man, woman, and child in the US owes about $50,000.
To: FatherofFive
The government is 17 trillion in debt. I have more money than the government.
Not to worry. They are going to come and get it in one way or another.
10 posted on
04/13/2014 8:56:48 AM PDT by
Don Corleone
("Oil the gun..eat the cannoli. Take it to the Mattress.")
To: FatherofFive
The government is 17 trillion in debt. I have more money than the government.Shhhh!
12 posted on
04/13/2014 8:58:11 AM PDT by
Starstruck
(If my reply offends, you probably don't understand sarcasm or criticism...or do.)
To: FatherofFive
If your “money” is in gold and silver you do. Otherwise you have fiat promissory notes backed by air. Granted everyone still uses them and takes them, for now.
17 posted on
04/13/2014 10:49:18 AM PDT by
Secret Agent Man
(Gone Galt; Not averse to Going Bronson.)
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