SI
SI
discoversearch

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.
Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (54995)8/9/2011 5:07:31 PM
From: Wayners  Read Replies (2) | Respond to of 103300
 
It's pretty simple, economy is in the shitter and the Feds offer endless bonds, notes and bills for sale every other week it seems. Banks choose to do it. I blame the Feds mostly, not the banks. The Feds are soaking up ALL the friggin money! If they didn't sell all that debt, guess what, the Banks can't buy it and park it there and it would be available to go out into the real economy where people need it.



To: DuckTapeSunroof who wrote (54995)8/9/2011 5:39:44 PM
From: Gersh Avery  Read Replies (2) | Respond to of 103300
 
The federal reserve should just pay off the national debt in cash and then dissolve.

The influx of cash would reduce the value of the dollar. A one time tax that would leave the US debt free.