good news: obama beats romney according to GOP poll
On 02/12/2011 7:11 PM, bpuharic wrote:
On Sat, 3 Dec 2011 02:01:09 GMT, "Haywood Jablomie"
wrote:
On 2-Dec-2011, wrote:
or whatever he believes; he hasnt made a coherent argument yet
Big myth, people buying the debt. US Fed is fraud printing it.
hey genius. if people didnt want US debt we'd be giving interest rates
like italy and spain are paying
Try to grasp risk, and supply and demand. The U.S. pays higher interest
rates because your debt is risky - that makes demand low, or, you need to
pay a higher interest to sell it....well, the fact is, YOU pay the higher
interest, not the scumbags that took you down the hill.
You never should have skipped 4th grade economics.
??
let's see...the US pays ONE percent
italy pays FIVE percent
and to right wingers that proves ONE is more than FIVE!!!
HAHAHA conservatives cant even COUNT and they're lecturing about
ECONOMICS!!!
our RATES ARE LOW PRECISELY BECAUSE DEMAND IS HIGH!!
DUH!!!
christ. what the **** happened to conservatives who dont even know how
to count to FIVE???
Rates are not low because demand is high.
Rates are low because US Fed lends out at 0%. Banks don't need to pay
interest to savers if they can get free money. There is no balance in
the lend-borrow market place.
And how if ****s you? Social security gets maybe 1% on the money it
lends to government. 6% is real unadjusted inflation. So in fact
Social Security loses 5% value per year.
Say $1000 in SS gets $10 interest. But it takes $1060 to buy the same
stuff a year later. In value terms Social security is being skimmed by DC.
Yep, they will collect more and pay out less in the long term.
Worse of t-bill holders using real money. You lend $1000 and get 1%,
$10. But it takes $1060 to buy he same stuff a year later. But wait,
you have to pay tax on the $10. So in fact you lose more than 5%.
Whole scale Bernanke-0bama fraud really. A zero rate economy of
depreciating value of money.
And part of why your going to be so ****ed in the end. Government isn't
going to be able to increase your social security, Medicare and other
benefits with inflation money print.
But you are just too ****ing stupid to see it. Good 0bama sheeples.
--
All successful people have one thing in common, if even for a moment
they think rationally.
|