There is no debt with the Fed.

Discussion in 'Economy' started by Neubarth, Aug 1, 2011.

  1. Neubarth
    Offline

    Neubarth At the Ballpark July 30th

    Joined:
    Nov 8, 2008
    Messages:
    3,751
    Thanks Received:
    199
    Trophy Points:
    48
    Location:
    South Pacific
    Ratings:
    +199
    When debt is interest free it effectively does not exist. You can carry it forward forever and never have to pay it.
     
  2. iamwhatiseem
    Offline

    iamwhatiseem Gold Member

    Joined:
    Aug 19, 2010
    Messages:
    14,833
    Thanks Received:
    3,114
    Trophy Points:
    280
    Location:
    Virginia
    Ratings:
    +6,128
    Think much?
     
  3. Jos
    Offline

    Jos BANNED

    Joined:
    Feb 6, 2010
    Messages:
    7,412
    Thanks Received:
    733
    Trophy Points:
    0
    Ratings:
    +733
    Who owns the FED Homer?
     

Share This Page