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Old 01-06-2013, 02:05 PM   #124
Comrade Crapski Comrade Crapski is offline
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Join Date: Mar 2012
Location: Sea of Green 23.4
Casino cash: $5000
Quote:
Originally Posted by FD View Post

How do you think the U.S. can borrow money at rates lower than we have ever seen in our history if we aren't going to repay that money?
The US Treasury prints it and lends it to the US Fed.

The US government is both creditor and debtor.

Amazing, isn't it?
Posts: 3,833
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