Quote from piezoe:
The long range plan is to inflate our way out of the debt. There is a little problem though. Our creditors are not stupid. They are going to demand a higher interest rate if we pay them back with junk.
Quote from Madison:
if? try determining what the reported "inflation" rates would be without all the hedonic model BS and statistical gimmicks and assorted nonsense and lies they use. factor in the targeted price increases in housing, healthcare, tuition.
but this is obvious to those creditors, and has been for a long time. so why isn't it already reflected in the bond market? seems there must be something else going on. if so, what, and by whom?
The answer can probably be found somewhere in the ownership / interest of those mysterious funds located in the "Carribean banking centers". Ever wonder why they are so reluctant to start regulating the hedge funds?Quote from Madison:
but this is obvious to those creditors, and has been for a long time. so why isn't it already reflected in the bond market? seems there must be something else going on. if so, what, and by whom?