Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: colorado tanker
Oh, they'll keep buying our bonds. Wait until they see the off the charts stupid interest rates Timmy and Zero will be paying to raise all the money they need to pay for their spending.

I'm skeptical about that. How high would interest rates have to be to justify an investment where you get paid off with Monopoly money?

Wouldn't they get an even greater return than those high interest rates if they invest in hard assets instead? Valued in dollars, the price of gold, oil, etc will go up significantly as the dollar shrinks.

36 posted on 06/01/2009 11:15:35 AM PDT by Wissa (I despise the liberal media.)
[ Post Reply | Private Reply | To 13 | View Replies ]


To: Wissa
There isn't nearly enough gold in the world for them to park all their cash.

The hard truth is if the Chinese ever withdrew enough assets from us to destabilize our economy we'd have to quit buying all that stuff they make, which would tank their economy. They're trapped.

40 posted on 06/01/2009 11:21:45 AM PDT by colorado tanker ("Lastly, I'd like to apologize for America's disproportionate response to Pearl Harbor . . . ")
[ Post Reply | Private Reply | To 36 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson