Because I have never studied economics, I am not compelled to support any economic school of theory, all of which seem crazy to me. They babble and quibble and banter their arguments all over the place, and one would think that supposedly genius level people would all agree on fundamentals of their science. The only problem is, it is all THEORY! There is no science to it. Now, knowing that all of those geniuses all say the other side is crazy or worse I ask this. Since it has been established that we can borrow from our mythical bank (The Fed) at ZERO interest and have been doing so for almost a hundred years, why in the hell are we borrowing from Japan and China. We have to pay those countries (and private investors in those countries) interest on our notes! We go through the token gesture of paying the interest to the FED, and the FED puts the money directly in the US Treasury. (i.e. We give it to them and they give it right back.) All of our debt should be financed by the FED. Considering that it costs us absolutely nothing to borrow, our debt can be astronomical and it would not matter. Some economist the other day was trying to say that when the FED cashed in those bonds and notes, that would put too much money into the system and the dollar would inflate. Again, he was babbling and quibbling and bantering all over the place when I stated that, "The FED does not have to cash in those bonds! They could hold them as security forever while we borrowed endlessly. That is what we have been doing with most of our FED held debt for decades now." He went away mumbling to himself. How come it is so easy for me to see it and all of those economic educated geniuses can not understand? We have proven that my "theory" works for almost a century now. I suppose we should be prudent, but in reality, we have unlimited cash to spend. Right?