To: Sequoyah101
Inflated money makes debt disappear. There’s a LOT of debt.
13 posted on
09/17/2012 11:24:57 AM PDT by
Auntie Mame
(Fear not tomorrow. God is already there.)
To: Auntie Mame
But they hold at least 5 Trillion in U.S. debt. It does not make sense for them to sell debt at one higher rate for dollars and take a return in dollars that are worth less.
Inflation is your friend when you are paying debt back not when you are loaning money.
15 posted on
09/17/2012 11:35:59 AM PDT by
Sequoyah101
(Half the people are below average, they voted for oblabla.)
To: Auntie Mame
Inflated money makes debt disappear. ...and wealth, and investments.
Those who have behaved responsibly get screwed.
16 posted on
09/17/2012 11:40:17 AM PDT by
TChris
("Hello", the politician lied.)
To: Auntie Mame
Inflated money makes debt disappear. There’s a LOT of debt.That's been Paul Krugman's open advice to Obama. Inflate the debt away. Sounds to me like that kind of policy should be considered an act of war by our debtors.
28 posted on
09/17/2012 3:44:43 PM PDT by
JediJones
(KARL ROVE: "And remember, this year, no one is seriously talking about ending abortion.")
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