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Politics : The China Joe Biden Presidency -- Ignore unavailable to you. Want to Upgrade?


To: the longhorn who wrote (451)1/30/2021 11:31:58 PM
From: J_F_Shepard  Read Replies (5) | Respond to of 2739
 
We haven't borrowed anything. They sell us stuff. We pay in dollars. They take those dollars and buy T-bills. An investment on their part. On our part they are part of the market for our out of control government spenders.


When you sell someone your bonds you are effectively borrowing their money.....ask someone to explain it to you... We've been using Chinese and Japanese money to pay for our wars...