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To: BfloGuy
And the trade-deficit-fearing populace will cheer. But that flood of dollars returning to the country will be the spark that triggers the widespread inflation we've only, up till now, seen in food and energy.

The Federal Reserve has maneuvered us into a position where we lose no matter what happens.

The unfortunate truth is that you are absolutely on the money. Arrg.

But, this is a favor. It is telling Congress, no you can't get anyone to borrow that next Trillion. So, cut now and cut hard.

4 posted on 04/24/2011 5:02:49 PM PDT by dalight
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To: dalight
But, this is a favor. It is telling Congress, no you can't get anyone to borrow that next Trillion. So, cut now and cut hard.

That's my take. I'd be perfectly happy if no one will lend us money which runs up the debt. Supposedly there's money on OUR sidelines, if need be.

9 posted on 04/24/2011 5:27:56 PM PDT by chiller ( EVERY Democrat on EVERY level must go)
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