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

To: Taro who wrote (252084)	9/20/2005 9:37:34 AM
From: combjelly	Read Replies (2) \| Respond to of 1572089

"This is your statement and no doubt you can find some economists supporting that. " It is more than my statement, it is reality. Other countries, including China who is our biggest debt holder, have indicated that they want to reduce the amount of bonds they buy. If they reduce the bonds they buy, who will finance our deficit? Remember what happens when we can no longer find ready buyers for our bonds, we have to print money. Try researching why stagflation was such a problem during the 1970s and early 1980s. This isn't a theoretical exercise, it is based on real events.