Quote:
Originally Posted by nation-x
You do realize that we don't actually take "loans" from anyone, right? It's not like the govt asks the chinese" Hey... you got any cheese, bro? I gotsa get sum new shoos!".
What actually happens is that they issue Treasury securities that get traded on the secondary market. Even though the US Treasury has issued alot of securities... maybe you should educate yourself as to what exactly they are and what economic principles make them a sure bet for the Federal Reserve.
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Please refrain from interjecting any reality into GFY threads in the future.
