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


To: RetiredNow who wrote (316449)12/20/2006 1:07:49 AM
From: Elroy  Read Replies (1) | Respond to of 1574097
 
Every time we issue debt to cover current expenses, that devalues the dollar.

It affects the value of the dollar, but it is just one of many variables including balance of trade, interest rates, economic outlook, etc. As long as the lenders believe that the debtor can service his debt payments, the amount of debt is immaterial.