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To: Daisyjane69
Someone is buying at least some of our debt. The US Government! They are actually buying their own T-Bills! Sorta like using one credit card to make the payments on the other. They think by creating this false demand, other potential buyers won't be spooked about the flooded market for T-Bills.....used to have T-Bill sales yearly, then semi-annually, then monthly, now it's probably biweekly or weekly.......we are in deep deep Kimchi
12 posted on 01/24/2010 6:50:14 AM PST by Gaffer ("Profling: The only profile I need is a chalk outline around their dead ass!")
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To: Gaffer

If I produce a product and the only people willing to purchase it are my own insiders, via force, it’s time to worry, no?

:(


14 posted on 01/24/2010 6:52:56 AM PST by Daisyjane69 (Michael Reagan: "Welcome back, Dad, even if you're wearing a dress and bearing children this time)
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