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On Fri, 02 Dec 2011 18:53:07 -0700, Canuck57
wrote: On 02/12/2011 5:52 PM, bpuharic wrote: On Fri, 02 Dec 2011 17:35:54 -0700, wrote: On 02/12/2011 2:50 PM, bpuharic wrote: On Fri, 2 Dec 2011 12:59:57 GMT, "Haywood Jablomie" wrote: this from the same guy who said the US economy is so weak that everyone is rushing to buy our debt 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 You are drummer than nails. nah if that were the case i'd be conservative Italy and Spain can't just print/electronically counterfeit money like the USA can. BBBZZZZTTTT!!! WRONG!!! but thanks for playing. ever hear of the european central bank which can do EXACTLY that?? oh. you DIDNTknow that why am i not surprised? So they have to put on the brakes on spending and borrow real money at real rates. uh no they dont. and, in fact, they cant. because if they DID their economies would implode. italy's debt is manageable at 3%. at 7% it's impossible for them to manage their debt oh. you didnt know that USA Bernanke US Fed just prints it. Trouble is it causes some mix of unemployment and inflation. HAHAHAHAHA guess he hasnt looked at unemployment lately!! and inflation?? he's fighting events from 30 years ago. typical right winger. always looking in the rear view mirror The result is the USD will depreciate fast, as currecny is like stock in the economy. Print twice as much, each share has half the value (inflation). tell you what, let me know when they buy euros! HAHAHAHAHA gee. then i guess the entire world is stupid 'cuz they entire world is buying US debt vs the euro No one is buying US debt. US Fed buys it indirectly with electronic counterfeit in the ruse. uh huh. let's see...2 banks bank A and bank B (for you conservatives, B comes after A) bank A sells bonds at 6% bankB sells them at 1% everyone buys bank B's bills why? because they're MORE SECURE. and that's EXACTLY what's happening now oh. you didnt know that Just because people take money out of Euro and into USDs doesn't mean it is in US Treasuries. You are too retarded to understand real economics. says the guy who gets his economics from the readers digest while taking a dump |
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