US money supply plunges at 1930s pace as Obama eyes fresh stimulus

  • Thread starter Thread starter Cicada
  • Start date Start date
again, how? illustrate an example situation where the us govt might want to default.
 
If a bond auction fails then the cost of defaulting could be far less than attempting to continue to print money. It wouldn't necessarily mean the end of the dollar. Sovereign credit risk in this deflationary economy is riskier for unbalanced budgets.
 
I love how the media has made it their personal responsibility to ruin Rand Paul. I really don't know a ton about him and he very well could be a neocon, I havn't paid much real attention to him, but the media is going overboard on making him sound like Bush to the power of 10
 
in for more free money, i'm almost back on my feet thanks to all the other help i've received but not quite!
 
it is created when the treasury issues securities that are then purchased by our federal reserve
 
Without a buyer of debt the method of producing currency is far more useless than defaulting and generating buyers of new debt.

Also if the US was forced into austerity that had too great a social cost, it could make sense to intentionally default.
 
If these are things you want to know you should start doing your own homework. Otherwise, if you have something to say you should say that.
 
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