Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (4089)	1/18/2004 3:07:07 AM
From: EL KABONG!!!	Read Replies (1) \| Respond to of 4907

Hi tooearly, i take it intragovernmental debt requires no borrowing of actual monies? That's my understanding of it, but I could be wrong. I've been led to believe it's nothing more than an accounting entry. Now, eventually the "accounting entry" has to be "paid back" sometime, but historically any gaps between "accounting entries" and the ability to pay has been inflated away, either very quickly (like the late '70s) or over many years. Simply put, the government can just keep pushing everything off into the future (virtually forever) until the economy improves, and then the accounting entries can be wiped out via inflated payments or actual payments. KJC