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To: Raycpa
To the government, cash is just another debt. It would be part of the debt limits.

How so?

Are you saying that the Federal Reserve Monetary Aggregates should be somehow included in the aggregates of US Government Treasury Debt? Um... how?

(Honestly not following you here, asking for education).

79 posted on 03/14/2010 2:35:49 PM PDT by Christian_Capitalist (Taxation over 10% is Tyranny -- 1 Samuel 8:17)
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To: Christian_Capitalist

The printed money is just another form of debt that the government borrowed.


81 posted on 03/14/2010 5:28:53 PM PDT by Raycpa
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