Originally posted by Sava
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"Happy Thanksgiving Poor People" -Love Congress
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What kind of computer do you have? What console systems do you own? I might be tempted to relieve you of such a laughable burden.I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator Rubio
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And yet the amounts being talked about are so tiny in relation to the total amount of currency out there that inflation is actually at or near a century low. Oh, and what you people seem to always forget is the Fed also destroys such electronic currency (nothing is actually printed) when it suits them as well. Like interest rates they increase or decrease the amount of currency in circulation (both electronic and real) in order to reach inflation goals. Well, inflation goals and economic growth goals. They're damn good at it too judging by how low they've managed to keep inflation.Originally posted by The Mad Monk View PostThe Fed injects the currency by buying up Treasury debt, and now holds half again as much of that debt as China does.
Using money pulled out of thin air.
If anyone but the Fed were doing it, it would be called counterfeiting. If a foreign power were doing it, it might be considered an act of war.Try http://wordforge.net/index.php for discussion and debate.
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What are all those green pyramid things? Do you really need them? Seems like they are taking up useful space for stuff like parking lots and strip malls.Originally posted by Wiglaf View Post“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!"
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