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Author Topic: In 2011, The Federal Reserve bought 61% of the US Debt [Locked]
Sin_of_Onin  4 stars
Posts: 1,307
Registered: 2005-6-29 08:21:12
 Date Posted: 1/1/00 12:00am Subject: In 2011, The Federal Reserve bought 61% of the US Debt
And Ron Paul wanted to just forgive everything they bought!

 

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Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
 Date Posted: 1/1/00 12:00am Subject: In 2011, The Federal Reserve bought 61% of the US Debt
paulg_68 posted:
Printing so much money will inevitably lead to inflation. When inflation hits, no one will lend us money at low interest rates.

If you think we're running big budget deficits now, try rerunning the numbers with us having to pay 10% interest on $15 trillion of debt.




You've been predicting this for 3+ years now.

If we wait long enough you'll probably be right. I'm not sure most of the older outposters will live long enough to see it, though.
ZigmundZag  4 stars
Title: Grammar Nazi
Posts: 1,211
Registered: 2002-3-25 23:03:00
 Date Posted: 1/1/00 12:00am Subject: In 2011, The Federal Reserve bought 61% of the US Debt
paulg_68 posted:
SEMANTICS JIHAD! AYIYIYIYIYIYIYI!


Sorry, I should have seen that coming and said "high inflation".

 

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Elkad  2 stars
Title: aka Ebenezer
Posts: 407
Registered: 2003-9-11 22:20:55
 Date Posted: 1/1/00 12:00am Subject: In 2011, The Federal Reserve bought 61% of the US Debt
__Bonk__ posted:
It is not just common sense. Its like the law and very complicated and difficult to understand. Just posting a link or two doesnt make you an expert on it.




The Law is a convoluted mess of conflictions and precedents. You have to influence opinion to get your way, and you can always just spend more money to change it to your liking.


Money is a collection of simple concepts like "If you make more, it's worth less."

 

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Heladric  1 star
Title: Alcohol Enthusiast
Posts: 155
Registered: 2002-6-3 07:29:41
 Date Posted: 1/1/00 12:00am Subject: In 2011, The Federal Reserve bought 61% of the US Debt
Posts like this are boring. Need more boobz.

 

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Eager_Igraine  4 stars
Posts: 1,036
Registered: 2002-11-21 11:55:52
 Date Posted: 1/1/00 12:00am Subject: In 2011, The Federal Reserve bought 61% of the US Debt

 

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