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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (73311)10/31/2006 4:53:45 PM
From: UncleBigs  Read Replies (1) of 110194
 
How is it possible to owe yourself money?

I thought you were more sophisticated than this Mish. Let me spell it out for you.

1. Let's say you organize the Bank of Mish.
2. You print up 10 million Mish Reserves Notes.
3. You personally borrow 10 million Mish Reserve Notes from the Bank of Mish.

That's how you can owe yourself money.
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