1 posted on
02/03/2011 11:26:51 AM PST by
FromLori
To: The Comedian; FromLori
I wrote myself a check for $10,000,000.00 this morning. What with all the bad economic news I wanted to have some money in the bank.....
2 posted on
02/03/2011 11:29:58 AM PST by
Lurker
(The avalanche has begun. The pebbles no longer have a vote.)
To: FromLori
Remember, Social Security, which used to buy up to 25% of all Treasury securities is now a net liquidator of them. That'll end well, I'm sure.
3 posted on
02/03/2011 11:30:46 AM PST by
Lurker
(The avalanche has begun. The pebbles no longer have a vote.)
To: FromLori
![](http://www.shadowstats.com/imgs/sgs-m3.gif?hl=ad&t=1295626238)
Money Supply Chart
5 posted on
02/03/2011 11:34:58 AM PST by
DannyTN
To: FromLori
(Soon Fed will hold more than China and Japan Combined)Ummmm....1600 is less than 1773 (896 + 877).
6 posted on
02/03/2011 11:37:07 AM PST by
Toddsterpatriot
(Math is hard. Harder if you're stupid.)
To: FromLori
When will kids in Zimbabwe show off their US trillion dollar bills?
8 posted on
02/03/2011 11:38:04 AM PST by
KarlInOhio
(Washington is finally rid of the Kennedies. Free at last, thank God almighty we are free at last.)
To: FromLori
This is the warning shot across the Bow I really think its too late to avert disaster. Time to PREPARE for hyper inflation and economic collapse.
10 posted on
02/03/2011 11:40:04 AM PST by
Robbin
(If Sarah isnÂ’t welcome, IÂ’m not welcome, itÂ’s just that simpleÂ…)
To: FromLori
known as Soma Hmm...........Soma was the name of the drug used by the government to keep the people complacent and subservient in Brave New World..............
12 posted on
02/03/2011 11:40:23 AM PST by
Red Badger
(Whenever these vermin call you an 'idiot', you can be sure that you are doing something right.)
To: FromLori
Cue Ernie Ford...”I Owe My Soul to the Company Store”.
16 posted on
02/03/2011 11:47:26 AM PST by
csmusaret
(Q: How do they say incompetent failure in Kenya? A: Barack Obama)
To: FromLori
A side point: if the clime is still favorable for quantiative easing, the Fed could take a lot of the PRC's holdings off their hands in a future QE.
To: FromLori
Let me see if I get this.
We now owe ourselves more money than we owe to China.
And this is a good thing because?
Now we can pay ourselves the money we owed ourselves and then use that money we owed to ourselves to pay China what we owe them.
21 posted on
02/03/2011 12:00:21 PM PST by
rllngrk33
(0bama, proof we can no longer underestimate the stupidity of the voters.)
To: FromLori
This proves the point I have made all along - Kill the FED, and you eliminate Government deficits and the ridiculous spending programs that cause the deficits.
Huge deficits like the USA has now only exist because the FED "buys" the debt. Without the ability to run huge deficits, the Government must greatly reduce its activities, and subject itself to the will of the market, and those taxes it can extract from the population. We have already seen that the Government has basically maxed-out what it can take directly in taxes from the people. Now the only way left is to stealthily tax you through inflation.
Looked at another way - this proves that the FED is the main pillar of the progressive movement.
The FED should be the main target of all conservatives.
23 posted on
02/03/2011 12:19:26 PM PST by
PGR88
To: FromLori
This is a little deeper than my understanding of economics, which is not insignificant. But I don’t understand why this is worse than China holding all our debt. Isn’t it better if the Fed holds it?
To: FromLori
Monetary Masturbation Alert...
To: FromLori
37 posted on
02/03/2011 3:29:40 PM PST by
mewzilla
(Hey, Schumer, your Lockerbie report left quite a bit out.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson