Brother_Tempus
Title: Patriot
Posts:
48,624
Registered:
Jan 9, '01
Extended Info (if available)
Real Post Cnt: 48,310
User ID: 61,868
|
Subject:
In 2011, The Federal Reserve bought 61% of the US Debt
|
Monetization of the debt eventually leads to a currency's demise and a collapse on the nation;s economy
http://online.wsj.com/article/SB10001424052702304450004577279754275393064.html?mod=googlenews_wsj
The conventional wisdom [ EDIT : Delusional Stupidity ] that nearly infinite demand exists for U.S. Treasury debt is flawed and especially dangerous at a time of record U.S. sovereign debt issuance.
The recently released Federal Reserve Flow of Funds report for all of 2011 reveals that Federal Reserve purchases of Treasury debt mask reduced demand for U.S. sovereign obligations. Last year the Fed purchased a stunning 61% of the total net Treasury issuance, up from negligible amounts prior to the 2008 financial crisis. This not only creates the false appearance of limitless demand for U.S. debt but also blunts any sense of urgency to reduce ...
-----signature-----
You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
Got guns & ammo? Food? Precious metals?
|
|
Link to this post
|
__Bonk__
Posts:
53,947
Registered:
Jul 25, '09
Extended Info (if available)
Real Post Cnt: 53,339
User ID: 1,364,654
|
Subject:
In 2011, The Federal Reserve bought 61% of the US Debt
|
You need to be an expert to understand US monetary policy
-----signature-----
I keep my eyes fixed on the sun!
A change in feeling is a change in destiny.
|
|
Link to this post
|
Brother_Tempus
Title: Patriot
Posts:
48,624
Registered:
Jan 9, '01
Extended Info (if available)
Real Post Cnt: 48,310
User ID: 61,868
|
Subject:
In 2011, The Federal Reserve bought 61% of the US Debt
|
__Bonk__ posted:
You need to be an expert to understand US monetary policy
That's what the government wants you to think ... monetary policy is just plain common sense. The problem is the re is a lack on that common sense in the socialist Keynesian ideology that runs rampant in the government, academia and the Federal Reserve
-----signature-----
You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
Got guns & ammo? Food? Precious metals?
|
|
Link to this post
|
__Bonk__
Posts:
53,947
Registered:
Jul 25, '09
Extended Info (if available)
Real Post Cnt: 53,339
User ID: 1,364,654
|
Subject:
In 2011, The Federal Reserve bought 61% of the US Debt
|
It is not just common sense. Its like the law and very complicated and difficult to understand. Just posting a link or two doesnt make you an expert on it.
-----signature-----
I keep my eyes fixed on the sun!
A change in feeling is a change in destiny.
|
|
Link to this post
|
paulg_68
Posts:
30,961
Registered:
Jul 27, '09
Extended Info (if available)
Real Post Cnt: 30,669
User ID: 1,364,918
|
Subject:
In 2011, The Federal Reserve bought 61% of the US Debt
|
Printing so much money will inevitably lead to inflation. When inflation hits, no one will lend us money at low interest rates.
If you think we're running big budget deficits now, try rerunning the numbers with us having to pay 10% interest on $15 trillion of debt.
-----signature-----
If you wish to make an apple pie from scratch... http://www.youtube.com/watch?v=zSgiXGELjbc "Everyone has a chance to become rich." - Groucho48 "Most of the human wealth on earth exists between the ears of live human beings." - theredkay1
|
|
Link to this post
|
ZigmundZag
Title: Grammar Nazi
Posts:
25,948
Registered:
Mar 25, '02
Extended Info (if available)
Real Post Cnt: 22,707
User ID: 661,552
|
Subject:
In 2011, The Federal Reserve bought 61% of the US Debt
|
paulg_68 posted:
Printing so much money will inevitably lead to inflation. When inflation hits, no one will lend us money at low interest rates.
If you think we're running big budget deficits now, try rerunning the numbers with us having to pay 10% interest on $15 trillion of debt.
Your predictions of hyperinflation are becoming as dull and predictable as Illmyrin's predictions of a war with Iran.
-----signature-----
"Take the cheese to sickbay!"
|
|
Link to this post
|
Bjorvald
Posts:
9,251
Registered:
Apr 5, '02
Extended Info (if available)
Real Post Cnt: 8,849
User ID: 665,468
|
Subject:
In 2011, The Federal Reserve bought 61% of the US Debt
|
>> If you think we're running big budget deficits now, try rerunning the numbers with us having to pay 10% interest on $15 trillion of debt.
Not a problem.. We'll just print even MOAR money.
-----signature-----
Bjorvald 9lx healer
Blinknone, various toons on classic
GANKED AGAIN
|
|
Link to this post
|
Mastara
Posts:
8,982
Registered:
Dec 29, '04
Extended Info (if available)
Real Post Cnt: 8,312
User ID: 1,011,569
|
Subject:
In 2011, The Federal Reserve bought 61% of the US Debt
|
|
yep, they will print more money
-----signature-----
Boooooommmm Heeeaaaddddshhhhooooottttt! http://www.carellaross.com/img/truth_its_the_new_hate_speech.jpg Mastatheimposta - 10L2 SB Merlin
|
|
Link to this post
|
Aerlinthian
Posts:
66,222
Registered:
May 7, '01
Extended Info (if available)
Real Post Cnt: 65,491
User ID: 94,919
|
Subject:
In 2011, The Federal Reserve bought 61% of the US Debt
|
Mastara posted:
yep, they will print more money
-----signature-----
(none)
|
|
Link to this post
|
paulg_68
Posts:
30,961
Registered:
Jul 27, '09
Extended Info (if available)
Real Post Cnt: 30,669
User ID: 1,364,918
|
Subject:
In 2011, The Federal Reserve bought 61% of the US Debt
|
ZigmundZag posted:
Your predictions of hyperinflation are becoming as dull and predictable as Illmyrin's predictions of a war with Iran.
That's a first. I've never before bored someone with something before I've done it even once.
-----signature-----
If you wish to make an apple pie from scratch... http://www.youtube.com/watch?v=zSgiXGELjbc "Everyone has a chance to become rich." - Groucho48 "Most of the human wealth on earth exists between the ears of live human beings." - theredkay1
|
|
Link to this post
|
Sin_of_Onin
Posts:
35,113
Registered:
Jun 29, '05
Extended Info (if available)
Real Post Cnt: 23,763
User ID: 1,062,657
|
Subject:
In 2011, The Federal Reserve bought 61% of the US Debt
|
And Ron Paul wanted to just forgive everything they bought!
-----signature-----
"Okay... I'm with you fellas" --Delmar
F is for Fake-believe
"We apologise for the inconvenience" --God
"What Jesus fails to appreciate is that it's the meek who are the problem"--Reg
Run, Forrest! Run!
|
|
Link to this post
|
Yukishiro1
Posts:
38,362
Registered:
Sep 20, '02
Extended Info (if available)
Real Post Cnt: 31,453
User ID: 718,633
|
Subject:
In 2011, The Federal Reserve bought 61% of the US Debt
|
paulg_68 posted:
Printing so much money will inevitably lead to inflation. When inflation hits, no one will lend us money at low interest rates.
If you think we're running big budget deficits now, try rerunning the numbers with us having to pay 10% interest on $15 trillion of debt.
You've been predicting this for 3+ years now.
If we wait long enough you'll probably be right. I'm not sure most of the older outposters will live long enough to see it, though.
-----signature-----
(none)
|
|
Link to this post
|
ZigmundZag
Title: Grammar Nazi
Posts:
25,948
Registered:
Mar 25, '02
Extended Info (if available)
Real Post Cnt: 22,707
User ID: 661,552
|
Subject:
In 2011, The Federal Reserve bought 61% of the US Debt
|
paulg_68 posted:
SEMANTICS JIHAD! AYIYIYIYIYIYIYI!
Sorry, I should have seen that coming and said "high inflation".
-----signature-----
"Take the cheese to sickbay!"
|
|
Link to this post
|
Elkad
Title: aka Ebenezer
Posts:
8,058
Registered:
Sep 11, '03
Extended Info (if available)
Real Post Cnt: 7,478
User ID: 837,586
|
Subject:
In 2011, The Federal Reserve bought 61% of the US Debt
|
__Bonk__ posted:
It is not just common sense. Its like the law and very complicated and difficult to understand. Just posting a link or two doesnt make you an expert on it.
The Law is a convoluted mess of conflictions and precedents. You have to influence opinion to get your way, and you can always just spend more money to change it to your liking.
Money is a collection of simple concepts like "If you make more, it's worth less."
-----signature-----
"I would rather be exposed to the inconveniences attending too much liberty, than those attending too small a degree of it." - Thomas Jefferson
|
|
Link to this post
|
Heladric
Title: Alcohol Enthusiast
Posts:
39,477
Registered:
Jun 3, '02
Extended Info (if available)
Real Post Cnt: 28,652
User ID: 685,052
|
Subject:
In 2011, The Federal Reserve bought 61% of the US Debt
|
|
Posts like this are boring. Need more boobz.
-----signature-----
I can't hear you over the sound of how awesome I am.
There is not possibly enough room in the VN data store to contain a post outlining all the problems with women. - Abaddon Ambrosius
|
|
Link to this post
|
Eager_Igraine
Posts:
20,126
Registered:
Nov 21, '02
Extended Info (if available)
Real Post Cnt: 19,548
User ID: 740,268
|
Subject:
In 2011, The Federal Reserve bought 61% of the US Debt
|
-----signature-----
I radiate more heat than light.
I know what you're trying to do but you're just sailing another failboat over the falls. - imaloon1
|
|
Link to this post
|
