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... main buyer since the spending orgy of the Bush administration. They no longer want to buy our debt however, since they think we won't pay it back... Thus, the government has started playing gamese They are devaluing the currency. The Federal Reserve, a private company, is buying government bonds. The federal reserve gets all of its funds from the Treasury. The treasury... prints the money. I ...
Tags:
inflation
finance
politics

http://kazriko.livejournal.com/87965.html
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Published: 9 months ago (Thu, 12 Feb 2009 13:57:31 PST); 1645 bytes
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