Posted on 09/25/2020 4:18:47 PM PDT by NRx
Good stuff here. About an hour in length. Lots of discussion of macro-economics. If your looking for either roses and sunshine (i.e. everything will be fine once Trump is reelected), or simplistic slogans, this probably is not for you.
(Excerpt) Read more at youtu.be ...
Comments welcome. But please, no drivebys.
Tax collections and borrowing is used to pay interest on the debt. Same as ever.
Not this sh*t again.
Universal Basic income plus MMT. What could go wrong?/s
If this contact is selling gold, always make sure you get the gold and not paper!
Also, if you buy gold minted coins, when you sell them, know that even if appraised 50, 70, etc, when you sell them, if not to another collector, you will get the spot price for bullion, not minted coins!!
It’s not really the same. Since the early 80s we were able to increase overall debt with decreasing interest rates keeping the payments relatively stable. Now that 30 year bonds are 1.4% theres not much pavement left on this road. What’s next? Negative rates? Certainly not same as...
Adding $3.3T this year, who’s going to continue buying this much paper year after year. Suspect the Federal Reserve becomes the buyer of last resort much like the BOJ.
No lack of demand yet. We'll see........
New dollars issued at zero interest are paying off old dollars that carried interest. Trump knows exactly what he is doing.
Dollars have never been issued “at interest”.
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