Home › Forums › Housing › Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now.
- This topic has 470 replies, 38 voices, and was last updated 15 years, 4 months ago by Eugene.
-
AuthorPosts
-
December 16, 2008 at 7:17 PM #316943December 16, 2008 at 7:18 PM #316441ArrayaParticipant
I’m not sure how someone who owns the printing press defaults on bonds denominated in dollars. The fed, can always add more dollars to their ledger and then spend them buying treasuries, which gives the treasury dept money to spend. I fail to see why or how they would default as long as they continued to do that. That’s the beauty of a fiat currency. Those who control the printing presses can make as much of it as they want.
The default comes when the creditors say “No, thanks keep your pixel money”. After a while it just becomes silly.
A better slogan for Obama’s campaign would have been *Change you can’t believe*
December 16, 2008 at 7:18 PM #316792ArrayaParticipantI’m not sure how someone who owns the printing press defaults on bonds denominated in dollars. The fed, can always add more dollars to their ledger and then spend them buying treasuries, which gives the treasury dept money to spend. I fail to see why or how they would default as long as they continued to do that. That’s the beauty of a fiat currency. Those who control the printing presses can make as much of it as they want.
The default comes when the creditors say “No, thanks keep your pixel money”. After a while it just becomes silly.
A better slogan for Obama’s campaign would have been *Change you can’t believe*
December 16, 2008 at 7:18 PM #316833ArrayaParticipantI’m not sure how someone who owns the printing press defaults on bonds denominated in dollars. The fed, can always add more dollars to their ledger and then spend them buying treasuries, which gives the treasury dept money to spend. I fail to see why or how they would default as long as they continued to do that. That’s the beauty of a fiat currency. Those who control the printing presses can make as much of it as they want.
The default comes when the creditors say “No, thanks keep your pixel money”. After a while it just becomes silly.
A better slogan for Obama’s campaign would have been *Change you can’t believe*
December 16, 2008 at 7:18 PM #316855ArrayaParticipantI’m not sure how someone who owns the printing press defaults on bonds denominated in dollars. The fed, can always add more dollars to their ledger and then spend them buying treasuries, which gives the treasury dept money to spend. I fail to see why or how they would default as long as they continued to do that. That’s the beauty of a fiat currency. Those who control the printing presses can make as much of it as they want.
The default comes when the creditors say “No, thanks keep your pixel money”. After a while it just becomes silly.
A better slogan for Obama’s campaign would have been *Change you can’t believe*
December 16, 2008 at 7:18 PM #316928ArrayaParticipantI’m not sure how someone who owns the printing press defaults on bonds denominated in dollars. The fed, can always add more dollars to their ledger and then spend them buying treasuries, which gives the treasury dept money to spend. I fail to see why or how they would default as long as they continued to do that. That’s the beauty of a fiat currency. Those who control the printing presses can make as much of it as they want.
The default comes when the creditors say “No, thanks keep your pixel money”. After a while it just becomes silly.
A better slogan for Obama’s campaign would have been *Change you can’t believe*
December 16, 2008 at 7:35 PM #316461ArrayaParticipant..
December 16, 2008 at 7:35 PM #316812ArrayaParticipant..
December 16, 2008 at 7:35 PM #316854ArrayaParticipant..
December 16, 2008 at 7:35 PM #316875ArrayaParticipant..
December 16, 2008 at 7:35 PM #316948ArrayaParticipant..
December 16, 2008 at 7:36 PM #316466paramountParticipantIn most markets people are still lining up to buy REO’s – things can’t be that bad.
easy to get $$ + Overpopulation + extreme greed = high demand for housing
The bubble has not fully deflated.
December 16, 2008 at 7:36 PM #316817paramountParticipantIn most markets people are still lining up to buy REO’s – things can’t be that bad.
easy to get $$ + Overpopulation + extreme greed = high demand for housing
The bubble has not fully deflated.
December 16, 2008 at 7:36 PM #316859paramountParticipantIn most markets people are still lining up to buy REO’s – things can’t be that bad.
easy to get $$ + Overpopulation + extreme greed = high demand for housing
The bubble has not fully deflated.
December 16, 2008 at 7:36 PM #316880paramountParticipantIn most markets people are still lining up to buy REO’s – things can’t be that bad.
easy to get $$ + Overpopulation + extreme greed = high demand for housing
The bubble has not fully deflated.
-
AuthorPosts
- You must be logged in to reply to this topic.