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To: EBUCK
what is Bush going to do when the money runs out?

Easy, just print more money or propose a bill outlawing zeroes. Just think, 1 zero taken off of 6,000,000,000,000 becomes only 600 billion. The debt is easily manageable!

17 posted on 06/25/2002 3:06:52 PM PDT by Brett66
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To: Brett66
That is what I never understood. Who, exactly do we owe? Is the debt in Treasury bonds ect. or do we actually owe some foreign bank a bunch of money?

EBUCK

20 posted on 06/25/2002 3:09:43 PM PDT by EBUCK
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To: Brett66
Easy, just print more money or propose a bill outlawing zeroes.

Yes. Most money isn't even printed anymore ---it just exists in electronic data bases but has very little real substance behind it. We all think we've got money but few of us can take it out of the stock market and it crashes and the government can simply refuse to give us what we thought was our Social Security money --or tax it all back. Money today is just whatever the government decides.

21 posted on 06/25/2002 4:10:05 PM PDT by FITZ
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