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U.S debt solution U.S debt solution
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02-05-2009 , 09:33 PM
#1
7stud
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adept
Join Date: Jul 2003 Posts: 945
Quote:
The Fed will have to step in and buy Treasuries, [Bill] Gross said, to keep long-term interest rates low as the U.S. increases its debt sales to finance a growing budget deficit and stimulus programs.

http://www.bloomberg.com/apps/news?p...K.Y&refer=home
The U.S. will sell debt to itself.
U.S debt solution Quote
02-05-2009 , 09:42 PM
#2
Central Limit
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adept
Join Date: Jan 2006 Posts: 992
Quote:
Originally Posted by 7stud
The U.S. will sell debt to itself.
The Federal Reserve is not part of the US Government
U.S debt solution Quote
02-05-2009 , 09:56 PM
#3
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EricLindros
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Pooh-Bah
Join Date: Jan 2007 Posts: 4,536
Quote:
Originally Posted by Central Limit
The Federal Reserve is not part of the US Government
haha awesome level
U.S debt solution Quote
02-05-2009 , 11:22 PM
#4
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durkadurka33
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Carpal \'Tunnel
Join Date: Apr 2008 Posts: 8,709
Quote:
Originally Posted by 7stud
The U.S. will sell debt to itself.
aka, PRINTING MONEY
U.S debt solution Quote
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