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  • Re: How does the Federal Reserve effect the US government's ability to finance its debt?

    Foreigners continue purchase these freshly printed paper US Bonds (at a discount from face value or CV) only because these US bonds can be redeemed by purchasing title to privately owned land, hotels, farms, businesses, casinos and other assets that were created by previous generations of US citizens...
    Posted to Newbies (Forum) by Gerald Spencer on Mon, Feb 15 2010
  • Re: Iran can't even BUILD nuclear weapons.

    China is stepping up research of particle accelerator on its own, according to reports from the ongoing 2nd Asia Accelerator Conference. It is said that the Institute of High Energy Physics under the Chinese Academy of Sciences is making an active effort in design and research of positive-negative electron...
    Posted to Current Events (Forum) by Gerald Spencer on Mon, Feb 15 2010
  • Re: How does the Federal Reserve effect the US government's ability to finance its debt?

    The US government does not really borrow US dollars from US banks to pay for its expenses. The US congress passes laws that authorize Federal Reserve Board (via Chairman Ben Bernanke) to buy some paper and then print a bunch of new interest bearing paper currency instruments in varying amounts with the...
    Posted to Newbies (Forum) by Gerald Spencer on Mon, Feb 15 2010
  • Continental Convention

    MUST WATCH the Continental Convention 2009!!! Increadible! I was crying while watching the opening ceremonies. And the speaches are great. Not all the speakers are great speakers, but the information is fantastic. All the representatives were elected by their States. It's at www.cc2009.us Strangely...
    Posted to Current Events (Forum) by cryptocode on Thu, Nov 19 2009
  • Money

    Monetary Evolution: Where are we today? Commerce today is dominated by “electronic” transactions. A business that does not support the use of debit/credit cards will be extremely limiting its customer base and will likely not survive. The emergence of this form of money was the credit card...
    Posted to Economics Questions (Forum) by mmartillo on Thu, Sep 25 2008
  • Blueprint for Financial Regulatory Reform

    In the midst of our economic slowdown, the U.S. Treasury Dept has issued what they are calling the "Blueprint for Financial Regulatory Reform". The highlights, as given by an article on Yahoo!'s website , are as follows: --designate the Fed as the primary regulator for market stability...
    Posted to Economics Questions (Forum) by Sailor on Sun, Mar 30 2008
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