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Reply #3: in general folks don't understand economics. The lockbox [View All]

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CynicalObserver Donating Member (157 posts) Send PM | Profile | Ignore Mon Mar-15-10 01:59 AM
Response to Reply #1
3. in general folks don't understand economics. The lockbox
was only going to have these self-same treasuries anyway - anyone who thinks the fedgov segregates borrowable funds when they can be used to finance debt is, while legally entitled to vote, not actually able to be informed about topics of this sort.

Fedgov is in the process of putting the final, rather large, nails in the dollar coffin. If people think 1+ trillion annual PROJECTED (meaning they will be larger) deficits for as long as CBO projects are sustainable without eroding our currency to levels most people will not be willing to believe now, expect surprises.
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