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To: Toddsterpatriot; 1rudeboy; Mase
Paul Ross (post #521):

Net 'capital inflows' doesn't mean what you think they mean. They are a liability. A debt.

Paul Ross, posting a link about the definition of a bond/debt instrument in post # 531, stumbles onto some truth, finally! The opening of the definition of a bond/debt instrument begins "A debt instrument issued for a period of more than one year with the purpose of raising capital by borrowing."

From past experience, though, I know that he's too stubborn to concede that he's contradicted himself yet again.

534 posted on 03/17/2006 1:03:17 PM PST by LowCountryJoe (I'm a Paleo-liberal: I believe in freedom; am socially independent and a borderline fiscal anarchist)
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To: LowCountryJoe

He's confused about the difference between foreign currency and U.S. Treasuries, so I'm not surprised he confuses debt and capital.


535 posted on 03/17/2006 1:07:21 PM PST by Toddsterpatriot (Why are protectionists so bad at math?)
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