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

To: Thane_Banquo
A bondholder cannot tell the US government what to do just because he owns a government bond.


The bondholder can tell the debtor to pay, and right now the government is not in a position to do that.
38 posted on 07/29/2002 9:42:17 PM PDT by MarshalNey
[ Post Reply | Private Reply | To 3 | View Replies ]


To: MarshalNey
We are always in a position to pay, WE PRINT THE MONEY!! Its a beautiful scheme really. bSure we could cause inflation, but defaulting is really not even an issue. If the U.S. ever defaulted, the entire world econmy would be destroyed.
49 posted on 07/29/2002 11:12:36 PM PDT by Blackyce
[ Post Reply | Private Reply | To 38 | 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