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Old 03-28-2012, 17:53   #1
Ruble Noon
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Fed Buying 61 Percent of US Debt

http://www.moneynews.com/Headline/fe...mo_code=E8B1-1
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Old 03-28-2012, 18:05   #2
aircarver
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So... this is like perpetual motion... only with money ? ...

.
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They'd created a vast, permanently unemployed underclass, dependent upon the Republic's stupendous welfare machine for its very existence, and in so doing, they'd sown the seeds of their own destruction. No one could place two-thirds of a world's population on the Dole and keep them there forever without the entire system crashing . . . but how in hell did one get them off the Dole? -David Weber, Flag in Exile
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Old 03-28-2012, 19:34   #3
Sam Spade
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Using what for cash?
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"To spit on your hands and lower the pike; to stand fast over the body of Leonidas the King; to be rear guard at Kunu-Ri; to stand and be still to the Birkenhead Drill; these are not rational acts. They are often merely necessary." Pournelle
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Old 03-28-2012, 20:01   #4
cowboy1964
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Quote:
Originally Posted by Sam Spade View Post
Using what for cash?
Keystrokes on a computer.
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Old 03-28-2012, 20:03   #5
cowboy1964
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Buy gold and silver on every dip. Or some other commodity. "Cash is king" is about to die a hard, quick, death in the next few years. I'm just trying to figure out how to protect my 401k. At some point it may be worth just cashing it out, paying the taxes and 10% penalty, and doing something with the money.

Last edited by cowboy1964; 03-28-2012 at 20:04..
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Old 03-28-2012, 20:14   #6
Stubudd
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Quote:
Originally Posted by Sam Spade View Post
Using what for cash?
http://www.garynorth.com/public/9263.cfm

http://lewrockwell.com/north/north1111.html

europe too
http://lewrockwell.com/paul/paul798.html

only one ending here, really
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Old 03-28-2012, 20:37   #7
Just1More
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Originally Posted by aircarver View Post
So... this is like perpetual motion... only with money ? ...

.
It's called the Death Spiral.
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Old 03-28-2012, 20:49   #8
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Political Issues
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