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To: Elroy Jetson who wrote (109841)1/18/2015 4:42:06 PM
From: THE ANT  Read Replies (1) | Respond to of 217561
 
pragcap.com

moslereconomics.com



To: Elroy Jetson who wrote (109841)1/18/2015 8:44:14 PM
From: bart131 Recommendation

Recommended By
dalroi

  Read Replies (1) | Respond to of 217561
 
Even if you're only 20, you should be aware of the Argentinian default in the early 2000s. Although they're probably anathema to you, a fuller factual list going back at least two centuries is in Reinhart and Rogoff's work.

And your examples of the Fed buying it all is just plain silly, since your invalid assumption means that both your forecast global economic depression would never end and/or that no effect would ever happen on the dollar or in the country itself from that much money being created out of thin air. Supply and demand does exist in the real world, as you will see should that kind of extremely unsane type of eCONomics come to pass.