Johnaus,
The patronising tone of your posts is almost beyond belief. Which is disappointing because you've got something worthwhile to say.
On to the rebuttal - on & on you go with the theme that money isnt generated out-of-nowhere to service US debt obligations. No one here as ever said that. Sorry, take that back. I cant verify that, but I can say Ive never said it.
My issue is with the Fed adding to the monetary base by buying worthless crap as collateral. Period.
As for treasuries rising on the day S&P issues a tootless warning - even with my tinfoil hat off I can come up with some good reasons for treasuries to rise the day the issuer gets slapped. All of them motivated by politics.
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