To: Kartographer
I was watching Beck yesterday and it appears the government is buying its own bonds.
5 posted on
09/17/2009 9:34:34 AM PDT by
TexasFreeper2009
(Obama lied, the economy died)
To: TexasFreeper2009
Correct.
They’ve been doing this for awhile now. The pc-term for this is called Quantatative Easing (QE).
QE is fed-speak for PRINTING MONEY OUT OF THIN AIR, because China, Japan and The Petro-Arabs can’t or won’t buy U.S. debt like they used to just a year ago.
So, the U.S. now buys the U.S.’s debt. What could go wrong?
17 posted on
09/17/2009 9:41:19 AM PDT by
adm5
(YOU CANNOT FIX CAPITALISM WITH SOCIALISM! -Glenn Beck)
To: TexasFreeper2009
I was watching Beck yesterday and it appears the government is buying its own bonds.What do you mean, "it appears"? That is exactly what they are doing!
23 posted on
09/17/2009 9:46:57 AM PDT by
Obadiah
(Obama: Chains you can believe in!)
To: TexasFreeper2009
"I was watching Beck yesterday and it appears the government is buying its own bonds."And who is the government? Us!
43 posted on
09/17/2009 9:59:13 AM PDT by
Spunky
(You are free to make choices, but not free from the consequences.)
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