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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (215413)2/2/2005 8:13:59 PM
From: TimF  Respond to of 1573901
 
So according to your logic, anyone who owns U.S. gov't bonds or T-Bills doesn't really have an asset of any value.

No. My logic is that someone who lends money to themselves doesn't gain an asset and that this also applies to the feds.

Same goes for the SS Trust Fund. They have real T-Bill assets that can be converted to cash.

Message 21010819

Tim


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