To: Kaslin
They’ll just print money by the trillions as the debt comes due in the coming decades.
To: Brian Griffin
"Theyll just print money by the trillions as the debt comes due in the coming decades. "
Yep. Nothing a little monetary expansion can't fix. Who cares if the interest rate on new Federal debt goes from 0.3% to 2.5% ? Add 3% to the inflation rate (and hide most of it behind some fraudulent bookkeeping) and you (the fedgov) are actually making money off of every dollar you borrow. And the Federal Reserve is happy since it's not like they are actually lending money out of their own pockets. Every $ of interest coming back to them is like free money.
54 posted on
07/23/2018 3:13:49 PM PDT by
Garth Tater
(There's a reason they call it the magic money machine.)
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