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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: CalculatedRisk who wrote (106322)2/22/2008 5:49:41 PM
From: Lizzie TudorRead Replies (1) | Respond to of 306849
 
sorry as I read that again I guess I don't know what "excess" FICA receipts are. When I read it first I read it as FICA receipts. What makes something an excess fica receipt?



To: CalculatedRisk who wrote (106322)2/22/2008 9:42:12 PM
From: HawkmoonRead Replies (1) | Respond to of 306849
 
A: False. The Fed could still inject / withdraw liquidity.

Going out now.. but just couldn't resist asking you what mechanism the Fed would use to inject/withdraw liquidity were there no Federal Debt?

Hawk