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Politics : Ask Michael Burke
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To: BGR who wrote (79327)4/11/2000 12:08:00 PM
From: Les H  Read Replies (1) of 132070
 
You forgot to include the infusion of excess dollars from overseas reinvested in US bonds and stocks. It should be about $ 400 billion excess sloshing around overseas and back here in the Ponzi scheme. Of course, the ability of the Feds to buy in all those 30-year treasuries is predicated on the stock market since it provided much of the revenue in excess of 'balance'.
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