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FED To Buy $500 billion to $1 trillion in government debt

 
Anonymous Coward
User ID: 1144543
United States
11/04/2010 02:39 AM
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Re: FED To Buy $500 billion to $1 trillion in government debt
They must have a lot of collateral.


yes they do...the tapped out tax payers of the U.S.
 Quoting: Anonymous Coward 1151271


and personally I am no longer going to pay. Like over 50+ million people, I have decided to no longer pay.

Come and get me.... i will take at least a few of you fuckers with me
Anonymous Coward
User ID: 1150736
United States
11/04/2010 02:52 AM
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Re: FED To Buy $500 billion to $1 trillion in government debt
To make a diesel engine green, it requires platinum in it's catalytic converter. Palladium doesn't cut it.

Mine yields are down and demand for platinum is up. Prices are in a huge lull and I see 5 digit platinum within 5 years if not sooner.

Jenn++
 Quoting: Jenn++ 951944

I'm not a fan of these catalytic converters. They cut power. They can be removed and weld a fake on to pass inspections.

Auto sales are down due to the economy.
Anonymous Coward
User ID: 1150736
United States
11/04/2010 02:56 AM
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Re: FED To Buy $500 billion to $1 trillion in government debt
Here is what I don't understand:

What is to stop the FED from just continuously buying debt? I mean, it could do it indefinately so long as the velocity of money remained steady and interest rates remained near zero. You just buy up your own treasuries through third parties. You could, technically, do it forever if the truth was concealed so that others wouldn't catch on and make a rush for the exits.

So, again, what is to stop the Treasury and FED from just printing as needed and gobbling up the vast majority of it's own debt without ever stopping?
 Quoting: Werd 873894

There's a lot of USD debt held by other countries. Once that card is played to the fullest a world currency is brought out.
Anonymous Coward
User ID: 1030220
United States
11/04/2010 03:07 AM
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Re: FED To Buy $500 billion to $1 trillion in government debt
Heres an idea, why don't You all get together and make Your own curanncy system, dollar bills are only cotton peices of paper that only has value in the eye of the beholder.

An USD has a real value of only four cents, in 1929 it was a full dollar.

Think about Your pay checks for a minute.





GLP