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| Topic | "Democrats and the Deficit Con" |
| Darkman124 04/24/18 10:38:14 AM #38: | Questionmarktarius posted... Any day now, Balanced Budget Amendment... would not be very useful so long as us treasury bond auctions are not increasing in supply faster than demand for lowest-risk debt, the programs it finances can have a near-zero ROI and still not be a problem since inflation will consume nearly all of the bond's interest and that's just from a govt perspective from an economy perspective it's just a question of making sure not to crowd out corporate bonds and flood/crash the bond market, which would take down equities and thus the economy/jobs. that said we are coming off 6-ish years of federal reserve bond buying so our perspective on how much debt we can intake is probably a little warped. they're selling those bonds now. --- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not. ... Copied to Clipboard! |
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