[Paul Ross]

Wrong. Those auctions, which I have explained to you over and over again, are just like regular auctions where there is an asking price. The Treasury is doing it right. That is why they delayed, deferred, and reduced sales before hand after publishing a proposed sale. They optimize their odds of getting that price. And it is tantamount to a set price.

Too bad, Todd. It looks like you have been shown to be the fool, yet again. You just can't stand be confounded, and your prejudices debunked.

[Toddsterpatriot]

And it is tantamount to a set price.

So that's different than a set price. Thanks for admitting another error.

You've really grown in that area. Bravo!

That is why they delayed, deferred, and reduced sales before hand after publishing a proposed sale.

I don't suppose you have any examples of the Treasury announcing say a $30 billion auction and then delaying, deferring or reducing the sale?

Never mind. Of course you don't. Just another example of you liking to hear yourself talk.