Comment: Boom goes the buck

(See in situ)

In reply to comment: Id be in favor of forgiving (see in situ)

Boom goes the buck

That would be enormously inflationary. When the USA pays the Fed for a maturing bond, the Fed has to shove the FRN's into the furnace. That is a Good Thing.

The only way to "fix" the debt problem is to cut back severely on government spending. Anything, ANYTHING other than that is just pushing paper around and re-distributing wealth.

Ĵīɣȩ Ɖåđşŏń

"Fully half the quotations found on the internet are either mis-attributed, or outright fabrications." - Abraham Lincoln