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Reply #3: Exactly! [View All]

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Home » Discuss » Topic Forums » Economy Donate to DU
Po_d Mainiac Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-02-09 08:41 AM
Response to Reply #1
3. Exactly!
The two sharpest tools in Chopper Ben's shed are the Fed Funds Market Rate and control of the money supply. Those tools are looking pretty blunt.
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  -15 largest holders of Gov't debt ...Note #1 at bottom Po_d Mainiac  Apr-02-09 07:42 AM   #0 
  - And.....?  Zynx   Apr-02-09 07:45 AM   #1 
  - Exactly!  Po_d Mainiac   Apr-02-09 08:41 AM   #3 
     - Money supply can grow as much as he wants it to.  Zynx   Apr-02-09 11:01 AM   #6 
        - Till OPEC says COD....in something other than greenbacks n/t  Po_d Mainiac   Apr-02-09 07:04 PM   #8 
  - Isn't #1 on the top of that list mostly  customerserviceguy   Apr-02-09 08:32 AM   #2 
  - Refuse to pay the national debt  Taitertots   Apr-02-09 10:46 AM   #4 
  - That NEVER works. That would cause a global economic disaster far worse than we have seen  Zynx   Apr-02-09 11:00 AM   #5 
  - "US Intragovernmental Holdings"=Social Security  notesdev   Apr-02-09 05:20 PM   #7 
 

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