TPMtv: Sunday Show Roundup: In With A Bang
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Foreign central banks are generally the largest purchasers of federal debt. Historically, Japan has been the leading buyer of U.S. debt but it's presumed that China will be a bigger player in the coming years.
And inflation is not a primary concern at the moment. Actually deflation is currently an issue.
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I need a big package, too, Chuck - and the deeper the better.
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Static, Who will be buying those treasury bonds?
Also, I'm not buying (no pun intended) that the inflation will be limited. The government seems to have a problem with saying one thing and doing another, or doing things efficiently.
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People, pay attention a litte more. I keep seeing post saying "OHHH, fox news!" when TPM had only shown like 3 clips from Fox News.
I actually find it disturbing that Obama said he might reconsider dropping the tax cuts given. I feel that would be very unwise.
Was this a legitiment statement, or one taken out of context?
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Well.. you failed to mention borrowing the money as a means to obtaining it, which will be done primarily through treasury bonds. They'll certainly also be printing some more as inflation is a secondary worry but it will be limited and shouldn't damage the dollar.
If you consider small business then the people you are buying from are in turn consumers themselves. Even if you buy from a larger corporation it increases their bottom line, which increases spending by them, i.e. jobs, expansion.
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Static, first, thanks for replying.
Where do we get more money without borrowing or printing it?
By "gone", I meant spent. Sure, it might be "recirculated", but when would that money get back to the consumer?
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Fantastic line- Out with the dithering- in with a bang!
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Why are they superimposing his Internet address on a picture of a laptop?
Is that -really- necessary?
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Our leaders are clueless. Protect yourself, as best you can.
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And laws against same-sex marriage.
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We need to just get rid of everything Bush singed into effect.
The man is obviously a traitor!
GodKillerAtheist 3 years ago 4
REPEAL THE BUSH TAX CUTS, DAMMIT!!!
baronmorris 3 years ago 4