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"interest bearing certificates" are IOU's. Social Security is just that "security"---not just a pension or a 401k. Social Security also includes a major insurance component: insurance against disability, and to some degree, against being poor. The point there is to spread risk, and...

I agree with all, but I bet that performance really does seem to be significantly CPU bound, and a hardware upgrade would speed up perceived latency. The hyperthreading is probably not helpful---it was a pretty lame attempt at a dual core processor. Now, there are true dual cores. I...

if the choice is between monetization and catastrophic debt-induced depression, then monetization is a better choice, out of two bad choices. The Japanese should have been monetizing, and writing off bad debt at banks quickly, instead of muddling through with pointless and corrupt government...

Didn't they get the message? Hucksters, propagandists, shysters and con-men are supposed to rip off *other* people! But they're doing the same crap (foolish massive leveraging) to themselves! What's up? Are they snorting Tony Robbins' smack or something?

Eurodollar is not the EU currency. It is a general reference to debt payable by banks outside the US, but denominated in USD. It was originally European banks but now includes more. The Eurodollar future/financial instrument hence trades like a bond which depends mostly on US interest...