Posted on 12/28/2010 6:46:27 AM PST by Cringing Negativism Network
Two words: SmootHawley.
You need to get out of the house more. I understand that, to you, it's a scary world out there. There's lots of furriners you might have to interact with. Scary things for a scared guy to deal with.
Actually, Schlafly spoke about this in the 1990s too. IT is “conservatives” who forgot Chinagate when Bush was selected as the nominee.
No, but they print our tax dollars, and lend them to us, interest bearing. In reality since every dollar printed is a promissory not to the Fed, we could never have enough money in print to repay the debt.
It's true, if you borrow money, you get charged interest.
In reality since every dollar printed is a promissory note to the Fed,
Huh? I don't owe my FRNs to the Fed.
we could never have enough money in print to repay the debt.
We who? Be more specific. What debt? Be more specific.
I'm here. If you think I'm playing possum, prove it.
Can you imagine? A foray out of the trailer park, just to get all white-knuckled when passing the ethnic foods section of the grocery store.
Would you prefer I supply pretty lil graphics and charts for you or are you mature enough to do the research on your own?
Hey, here's a thought, lets ask your buddy Toddster, he’z an expert economist with all those fancy dancy charts that proved so freakin off base.....you know, the ones saying the economy was just peachy right before she crashed.
I dunno, just sayin.
I don't care. I still think she's still hot.
I agree, let’s ask. Kinda’ funny how yesterday people were whining about a Walter Williams column that was “too simple.” Now they’re whining that things are “too complicated.”
What would you like to know?
with all those fancy dancy charts that proved so freakin off base
My factual charts were off base? What does that mean? Were my charts full of errors? Maybe you have an example we could discuss?
Or are you imagining things? I dunno, just askin'.
I remember people complaining about us posting charts and graphs and “stuff,” shortly before they started complaining that our posts are short on specifics.
I must have posted too many facts because years later, some Freepers complain I had the facts wrong. They couldn’t prove it when I posted them and they can’t find the supposed errors now, but they just know I was wrong.
Probably can't help you. The treasury issues bonds that are interest bearing, then the Fed prints money out of air, to buy those bonds, but when we buy those bonds back we have to pay interest. We sell phony bonds to the Fed who prints Phony money to buy them, circular money flow.
You made a claim and now you can't help me with specifics? LOL!
The treasury issues bonds that are interest bearing
Usually.
then the Fed prints money out of air, to buy those bonds
Some of them.
but when we buy those bonds back we have to pay interest
We don't buy them back, they mature.
We sell phony bonds to the Fed who prints Phony money to buy them, circular money flow.
So your silly claim was about Treasury debt?
Most of what you said made sense to me and I agree; please help me on what you're saying here. So the fed 'prints' money and we use it to pay taxes. Is that what your post is concerned with and what you're saying is wrong or is there something else you're looking at?
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
Facts make you tired?
>>Facts make you tired?<<
Nope, just argumentative know it all faux experts.
Said as you run away. After you avoid proving your claim. Typical.
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