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May 7, 2010 at 7:48 AM #548411May 7, 2010 at 7:54 AM #547463patbParticipant
[quote=Fletch][quote=briansd1]
1) Our debt is denominated in our own currency (can devalue the debt away if needed),
[/quote]Except that isn’t almost all of our underlying debt (social security and medicare) inflation-indexed, and thus not capable of being “devalued away”?[/quote]
The government controls the index, so, they can adjust it. Also, they set the policy.
If the Feds says “OASDI Social Security Payments are
set to CPI-1.5%” that’s just what they can do.May 7, 2010 at 7:54 AM #547574patbParticipant[quote=Fletch][quote=briansd1]
1) Our debt is denominated in our own currency (can devalue the debt away if needed),
[/quote]Except that isn’t almost all of our underlying debt (social security and medicare) inflation-indexed, and thus not capable of being “devalued away”?[/quote]
The government controls the index, so, they can adjust it. Also, they set the policy.
If the Feds says “OASDI Social Security Payments are
set to CPI-1.5%” that’s just what they can do.May 7, 2010 at 7:54 AM #548057patbParticipant[quote=Fletch][quote=briansd1]
1) Our debt is denominated in our own currency (can devalue the debt away if needed),
[/quote]Except that isn’t almost all of our underlying debt (social security and medicare) inflation-indexed, and thus not capable of being “devalued away”?[/quote]
The government controls the index, so, they can adjust it. Also, they set the policy.
If the Feds says “OASDI Social Security Payments are
set to CPI-1.5%” that’s just what they can do.May 7, 2010 at 7:54 AM #548155patbParticipant[quote=Fletch][quote=briansd1]
1) Our debt is denominated in our own currency (can devalue the debt away if needed),
[/quote]Except that isn’t almost all of our underlying debt (social security and medicare) inflation-indexed, and thus not capable of being “devalued away”?[/quote]
The government controls the index, so, they can adjust it. Also, they set the policy.
If the Feds says “OASDI Social Security Payments are
set to CPI-1.5%” that’s just what they can do.May 7, 2010 at 7:54 AM #548426patbParticipant[quote=Fletch][quote=briansd1]
1) Our debt is denominated in our own currency (can devalue the debt away if needed),
[/quote]Except that isn’t almost all of our underlying debt (social security and medicare) inflation-indexed, and thus not capable of being “devalued away”?[/quote]
The government controls the index, so, they can adjust it. Also, they set the policy.
If the Feds says “OASDI Social Security Payments are
set to CPI-1.5%” that’s just what they can do.May 7, 2010 at 8:06 AM #547488afx114Participant[quote=scaredycat]i can understand typing b instead of m because those letters pretty close on the keyboard. but what if the dude types a z we’re all doomed.[/quote]
What if some dude is trying to dump all his GOOG but instead he accidentally puts Googol in the quantity field?
May 7, 2010 at 8:06 AM #547599afx114Participant[quote=scaredycat]i can understand typing b instead of m because those letters pretty close on the keyboard. but what if the dude types a z we’re all doomed.[/quote]
What if some dude is trying to dump all his GOOG but instead he accidentally puts Googol in the quantity field?
May 7, 2010 at 8:06 AM #548082afx114Participant[quote=scaredycat]i can understand typing b instead of m because those letters pretty close on the keyboard. but what if the dude types a z we’re all doomed.[/quote]
What if some dude is trying to dump all his GOOG but instead he accidentally puts Googol in the quantity field?
May 7, 2010 at 8:06 AM #548180afx114Participant[quote=scaredycat]i can understand typing b instead of m because those letters pretty close on the keyboard. but what if the dude types a z we’re all doomed.[/quote]
What if some dude is trying to dump all his GOOG but instead he accidentally puts Googol in the quantity field?
May 7, 2010 at 8:06 AM #548452afx114Participant[quote=scaredycat]i can understand typing b instead of m because those letters pretty close on the keyboard. but what if the dude types a z we’re all doomed.[/quote]
What if some dude is trying to dump all his GOOG but instead he accidentally puts Googol in the quantity field?
May 7, 2010 at 8:09 AM #547493CoronitaParticipant[quote=afx114][quote=scaredycat]i can understand typing b instead of m because those letters pretty close on the keyboard. but what if the dude types a z we’re all doomed.[/quote]
What if some dude is trying to dump all his GOOG but instead he accidentally puts Googol in the quantity field?[/quote]
Don’t know, I guess they can’t explain todays almost 200 swing on trading errors again, or can they?
Interesting times we live in… Interesting….
May 7, 2010 at 8:09 AM #547604CoronitaParticipant[quote=afx114][quote=scaredycat]i can understand typing b instead of m because those letters pretty close on the keyboard. but what if the dude types a z we’re all doomed.[/quote]
What if some dude is trying to dump all his GOOG but instead he accidentally puts Googol in the quantity field?[/quote]
Don’t know, I guess they can’t explain todays almost 200 swing on trading errors again, or can they?
Interesting times we live in… Interesting….
May 7, 2010 at 8:09 AM #548087CoronitaParticipant[quote=afx114][quote=scaredycat]i can understand typing b instead of m because those letters pretty close on the keyboard. but what if the dude types a z we’re all doomed.[/quote]
What if some dude is trying to dump all his GOOG but instead he accidentally puts Googol in the quantity field?[/quote]
Don’t know, I guess they can’t explain todays almost 200 swing on trading errors again, or can they?
Interesting times we live in… Interesting….
May 7, 2010 at 8:09 AM #548185CoronitaParticipant[quote=afx114][quote=scaredycat]i can understand typing b instead of m because those letters pretty close on the keyboard. but what if the dude types a z we’re all doomed.[/quote]
What if some dude is trying to dump all his GOOG but instead he accidentally puts Googol in the quantity field?[/quote]
Don’t know, I guess they can’t explain todays almost 200 swing on trading errors again, or can they?
Interesting times we live in… Interesting….
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