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To: Toddsterpatriot
"Like the claim that I couldn't pay interest on my mortgage unless the fed increased the money supply? Yeah, that was a bit extreme. And wrong."

Never made that claim. That was your misrepresentation of what I said.

And yes it was wrong.

188 posted on 08/11/2010 11:29:54 AM PDT by GourmetDan (Eccl 10:2 - The heart of the wise inclines to the right, but the heart of the fool to the left.)
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To: GourmetDan
Post #168,
"Has to be. That's what interest is, new money. It has to be created by buying additional debt"

So where was the new money, created by buying additional debt, over the 3 year period of my graph?

189 posted on 08/11/2010 11:34:05 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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