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To: Toddsterpatriot
You're confusing "ownership" of Fed "shares" and ownership of Treasury Bonds.

No, you're just trying to circumvent the truth. The treasury MUST eventually get the money to pay off the bonds from the Fed, by issuing even more bonds/debt. It's a self-perpetuating scheme. The debt can NEVER be paid off.

70 posted on 12/25/2013 3:20:53 PM PST by Errant
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To: Errant
No, you're just trying to circumvent the truth

LOL! Do you know the difference between debt and equity?

The treasury MUST eventually get the money to pay off the bonds from the Fed

Nope. The Treasury gets money to pay off debt from taxpayers like you and me.

The debt can NEVER be paid off.

Another silly claim. Like saying you can never pay off your mortgage without issuing more debt.

73 posted on 12/25/2013 3:28:30 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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