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January 11, 2010 at 2:54 PM #501679January 11, 2010 at 10:38 PM #501845jonnycsdParticipant
Or we (ie the Fed) could “print” the money needed to pay it all off. Of course that would put some inflationary pressure on the dollar.
Rich’s post under finance and investing titled “The US Government Will Not Choose Deflation” explains the mechanics of how that could be done.
http://www.pcasd.com/the_us_government_will_not_choose_deflation
January 11, 2010 at 10:38 PM #502189jonnycsdParticipantOr we (ie the Fed) could “print” the money needed to pay it all off. Of course that would put some inflationary pressure on the dollar.
Rich’s post under finance and investing titled “The US Government Will Not Choose Deflation” explains the mechanics of how that could be done.
http://www.pcasd.com/the_us_government_will_not_choose_deflation
January 11, 2010 at 10:38 PM #501942jonnycsdParticipantOr we (ie the Fed) could “print” the money needed to pay it all off. Of course that would put some inflationary pressure on the dollar.
Rich’s post under finance and investing titled “The US Government Will Not Choose Deflation” explains the mechanics of how that could be done.
http://www.pcasd.com/the_us_government_will_not_choose_deflation
January 11, 2010 at 10:38 PM #501302jonnycsdParticipantOr we (ie the Fed) could “print” the money needed to pay it all off. Of course that would put some inflationary pressure on the dollar.
Rich’s post under finance and investing titled “The US Government Will Not Choose Deflation” explains the mechanics of how that could be done.
http://www.pcasd.com/the_us_government_will_not_choose_deflation
January 11, 2010 at 10:38 PM #501451jonnycsdParticipantOr we (ie the Fed) could “print” the money needed to pay it all off. Of course that would put some inflationary pressure on the dollar.
Rich’s post under finance and investing titled “The US Government Will Not Choose Deflation” explains the mechanics of how that could be done.
http://www.pcasd.com/the_us_government_will_not_choose_deflation
January 12, 2010 at 1:10 AM #501978TexasLineParticipantThe reasons stated here are exactly why I think to myself that I had better get a home of my own before the “**it hits the fan”. And quick! If I have that home and the dollar collapses at least then I have a place to grow veggies, raise the kids, have “defensible space”, put up fences etc…If I wait too long – the stock market will evaporate, interest rates will explode and my dollar buying power will tank.
…so…assuming the worst…why not take every possible step to get into a home now and start paying a mortgage at “TODAYS” dollar value???
January 12, 2010 at 1:10 AM #502224TexasLineParticipantThe reasons stated here are exactly why I think to myself that I had better get a home of my own before the “**it hits the fan”. And quick! If I have that home and the dollar collapses at least then I have a place to grow veggies, raise the kids, have “defensible space”, put up fences etc…If I wait too long – the stock market will evaporate, interest rates will explode and my dollar buying power will tank.
…so…assuming the worst…why not take every possible step to get into a home now and start paying a mortgage at “TODAYS” dollar value???
January 12, 2010 at 1:10 AM #501336TexasLineParticipantThe reasons stated here are exactly why I think to myself that I had better get a home of my own before the “**it hits the fan”. And quick! If I have that home and the dollar collapses at least then I have a place to grow veggies, raise the kids, have “defensible space”, put up fences etc…If I wait too long – the stock market will evaporate, interest rates will explode and my dollar buying power will tank.
…so…assuming the worst…why not take every possible step to get into a home now and start paying a mortgage at “TODAYS” dollar value???
January 12, 2010 at 1:10 AM #501881TexasLineParticipantThe reasons stated here are exactly why I think to myself that I had better get a home of my own before the “**it hits the fan”. And quick! If I have that home and the dollar collapses at least then I have a place to grow veggies, raise the kids, have “defensible space”, put up fences etc…If I wait too long – the stock market will evaporate, interest rates will explode and my dollar buying power will tank.
…so…assuming the worst…why not take every possible step to get into a home now and start paying a mortgage at “TODAYS” dollar value???
January 12, 2010 at 1:10 AM #501485TexasLineParticipantThe reasons stated here are exactly why I think to myself that I had better get a home of my own before the “**it hits the fan”. And quick! If I have that home and the dollar collapses at least then I have a place to grow veggies, raise the kids, have “defensible space”, put up fences etc…If I wait too long – the stock market will evaporate, interest rates will explode and my dollar buying power will tank.
…so…assuming the worst…why not take every possible step to get into a home now and start paying a mortgage at “TODAYS” dollar value???
January 12, 2010 at 4:03 AM #501899ucodegenParticipantOr we (ie the Fed) could “print” the money needed to pay it all off. Of course that would put some inflationary pressure on the dollar.
More than that.. Countries and people who held treasuries in a country that decided to inflate itself out of a problem would not want to pick up bonds in that country.. creating a high interest rate combined with high inflation rate problem.
January 12, 2010 at 4:03 AM #501996ucodegenParticipantOr we (ie the Fed) could “print” the money needed to pay it all off. Of course that would put some inflationary pressure on the dollar.
More than that.. Countries and people who held treasuries in a country that decided to inflate itself out of a problem would not want to pick up bonds in that country.. creating a high interest rate combined with high inflation rate problem.
January 12, 2010 at 4:03 AM #501356ucodegenParticipantOr we (ie the Fed) could “print” the money needed to pay it all off. Of course that would put some inflationary pressure on the dollar.
More than that.. Countries and people who held treasuries in a country that decided to inflate itself out of a problem would not want to pick up bonds in that country.. creating a high interest rate combined with high inflation rate problem.
January 12, 2010 at 4:03 AM #501505ucodegenParticipantOr we (ie the Fed) could “print” the money needed to pay it all off. Of course that would put some inflationary pressure on the dollar.
More than that.. Countries and people who held treasuries in a country that decided to inflate itself out of a problem would not want to pick up bonds in that country.. creating a high interest rate combined with high inflation rate problem.
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