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To: pingman
The whole game of debt fueled expansion will come to a screeching halt when the Fed is forced to increase interest rates paid on our bonds

The Fed doesn't set the interest rate on bonds.

15 posted on 06/06/2010 8:19:48 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Toddsterpatriot

I stand corrected.

“When the world demands higher interest to accept our junk bonds”


26 posted on 06/06/2010 9:21:51 AM PDT by pingman (Price is what you pay, value is what you get.)
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