Comment: Borrowed from the government?

(See in situ)

Borrowed from the government?

Borrowed from the government? Actually you borrowed that money from a private company, the government guaranteed the loan and the Chinese and Federal Reserve assume all the liability when they buy the treasuries.

But technicalities aside, that guy is an idiot and you're absolutely right. We're all stuck in this system whether we want to or not. Basically what he said is like telling someone in the Soviet Union not to eat because all the food came from a collective farm. We want to change the system, unfortunately in the mean time we're stuck in the system.