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To: PAR35

No biggie. They can borrow the reserves at 0% at the fed.


4 posted on 11/09/2015 10:24:43 AM PST by jwalsh07 (.)
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To: jwalsh07
They can borrow the reserves at 0% at the fed.

Wrong. Currently, the Discount Rate is 0.75%. And the government wants them to issue long term debt, not borrow overnight.

15 posted on 11/09/2015 10:41:04 AM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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To: jwalsh07

Exactly. We can even mint a couple of trillion dollar coins, (made of platinum after all platinum ain’t cheap) slap Obama’s smug mug on ‘em, and call the problem “solved” right there.


25 posted on 11/09/2015 11:12:34 AM PST by FourtySeven (47)
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