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I don't think this monetization is as bad everybody thinks. Treasuries are essentially cash with interest attached. other countries and large corps. use treasuries to buy arab oil Banks use treasuries as reserves for loans they trade the same as cash for big institutions would...

i think you missed what i was saying. it's impossible for a dollar collapse because of the military. the latter would have to collapse fist

you can abandon all you learned in your economic classes. the dollar is backed by the full force of it's military and will not colapse as long as we can bomb a rival currency.

my god are you people delusional

so your saying water used in irrigation leaves the face of the earth how is it possible that you know that technology will not enable us to expand earth's population like it has in the past. are you an oracle or some type of profit?

yep, like the guy who predicted "dow 30000" he could be right and rub it in your face from the grave two century laters

sorry 1778

1978 Thomas Malthus claimed peek population of course he was proven wrong by the spectacular growth of civilization. His essay on the principle of population lacked accounting for advances in technology and science. oh wait I for got this time it's different water evaporating into the...

It has always been this way, that's what are money system is debt "If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial Banks...

try reading this good explanation of the oil embargo and inflation in the 70's http://www.amazon.com/Century-War-Anglo-American-Politics-World/dp/074532309X/ref=sr_1_2?ie=UTF8&s=books&qid=1262526511&sr=8-2

Laffer has as much credibility as Ben Stien If paper wealth is real wealth like he said here than he should be a money creation fanboy http://www.elitetrader.com/vb/newreply.php?action=newreply&threadid=166527

so the price of oil only increases the cost of driving your own vehicle. What about the cost of shiping every thing you buy and have in your house, the construction of said house, the production and transportation of food, the use of food as an energy alternative and the other 10 million things...

didn't mean to disappear, but i don't spend all day glued to internet forums. i never said that the top 5% made 60%, I said if they did shouldn't they pay 60%. that was a hypothetical . I didn't see your answer the 33% figure comes from AIG, is what the irs deems as income after...

i thought the cc company gets the transaction fee. (visa discover etc.) and the banks (chase , B of A) get the rest.(lates fess interest) doesn't the bank set the cach rewards not visa or mastercard

i think what he is saying is that high fees and intrest. subsidized the cash back reward programs. So claming that by losing your rewards your subsidizing the irresponsible is wrong. You got the rewards because others paid high interest and fees. The holders who defaulted didn't help you get...

adjusted gross income is not the same thing as gross income. you're letting the irs define income.

Well first I never said anything about reditribution of wealth( but thanks for asumming i did that say alot about you) So you agree that the top 5% earn greater income per assets. So if they generate 60% of the income shoudn't they pay 60% fo the INCOME tax. What is unfair about that. And...

you don't think there any corralation betwwen assets and income are the bottom 50% some how making 50% of the income on 15% of the assets? If you think about what kind of assets each group owns. It wouldn't be a streach to say that the upper group generates more income on the types of assets...

I don't think you have to entertian a wild conspiracy to figure this one out

Good Post, The what i see it the only means we have of holding up the dollar is to force it on the rest of the world thought military conflicts and threats. Enabling the U.S. to create more money to buy up foriegn assets. The name of the game is to create a lot of money without losing any...