GOLD 0.51% $1,391.7 gold futures

Howdy TCH,The reason you're wrong, is that no money has to be...

  1. 392 Posts.
    Howdy TCH,



    The reason you're wrong, is that no money has to be added to the system to wipe the treasury market clean. Zero.

    Treasurie's are bought with money that already existed, they can be turned back into cash with the click of a mouse
    (checking/savings account example) into the exact same money that was used to purchase them.

    But as we all know, cash earning interest is better then cash earning nothing, and that's the reason the treasurie's were bought in the first place.

    Nothing is needed to be added to the system to 'repay all US debt'.
 
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