U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
Reload this Page Federal budget deficit for November hits $120.3 billion, record 14th straight month of red ink
 [Register]
Please register to participate in our discussions with 1.5 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Jump to a detailed profile or search
site with Google Custom Search
 Search Forums  (Advanced)
 Business Search - 14 Million verified businesses
Search for:  near: 
Reply
Page 2 of 2 < 1 2
 
Unread 12-14-2009, 06:56 AM
 
Location: Conejo Valley, CA
11,305 posts, read 6,885,017 times
Reputation: 3274
Quote:
Originally Posted by floridasandy View Post
most people are able to look ahead when they see ridiculous monetization of our currency, and realize that we are now in the "party" phase of all of this ridiculous spending......
Congress can't devalue the congress, rather the FED can. And the FED has been throwing massive amounts of money into the system and yet.....there is no inflation. Why? Perhaps because MV = PQ.
Reply With Quote Quick reply to this message

 
Unread 12-14-2009, 08:08 AM
 
Location: Sinking in the Great Salt Lake
10,160 posts, read 5,928,660 times
Reputation: 8045
More doom and gloom... too bad it's true.
Reply With Quote Quick reply to this message
 
Unread 12-14-2009, 08:43 AM
 
65 posts, read 60,508 times
Reputation: 21
Quote:
Originally Posted by tallrick View Post
Just wait till nobody wants to take a chance buying T-bills. With fewer taxpayers to back them up investors would be taking a larger risk to own them. Interest rates will have to rise, a lot!


http://www.youtube.com/watch?v=dZf3Qye0BtQ

even with high interest rates it won't be enough to pay off the deficit. they already know there is no way out.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $53,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Reply
Page 2 of 2 < 1 2
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

« Previous Thread | Next Thread »
Over $47,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Similar Threads

All times are GMT -6. The time now is 07:30 AM.

© 2005-2013, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24 - Top