To: txmissy
No worries. We have a printing machine behind the curtain.
4 posted on
03/04/2009 11:47:43 AM PST by
BGHater
(Tyranny is always better organised than freedom)
To: BGHater
EFT, Electronic Funds Transfer, Bet, at some point all this Government stimulus spending will be EFT, with no real money to back it, √-1 = i
28 posted on
03/04/2009 12:03:37 PM PST by
Son House
(National Disasters Will Be Devastating Since Mr. Øbama's Spending Will Erode First Response Funding)
To: BGHater
To: BGHater
And that's exactly what we want to force them to do. Without a market of ready buyers for Treasuries, the central government has only two choices: (1) actually make cut backs; (2) start printing money.
The cool thing is, either way works to our advantage. That is, the collapse of the welfare state's ability to meet its promises and obligations. Like you & I paying for someone else's mortgage.
93 posted on
03/04/2009 12:48:40 PM PST by
semantic
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson