Recent content by econ4every1

I'm sure that's true...

Not really sure what the point of posting this is, but for a little context, Facebook has fewer employees than most if not all of the other companies on that list. Each employee is highly specialized because of the kind of product that FB sells and as a result, FB does a ton of revenue with...

Of course, but the government does have a sizeable position.

Sorry, took me a while to get back to this post... Oh boy, yeah I see where you're going with this. The problem with this is that the Fed can manipulate the money available to make the purchases you speak of by manipulating the level of reserves which in turn are used to purchase Treasuries...

Here, let me expand a bit on this. Do you believe that China could decide to stop purchasing US debt (as is speculated on by those that speculate on the weakness of fiat). If so, do you know what the consequences would be for the US and China? Understanding why the Chinese government holds US...

You like asking questions but bail when asked to answer them. So the US "borrows" US Dollars from the government of China, and you're not just a little bit curious where they get them? Fine, move on, but I will keep reminding you of how you feined boredom to keep to keep from having to come...

The belief that if investor class had more money they would invest it back into their businesses and things that encouraged productivity. Good for everyone, right? No so much. The reality is that the investor class used that money to grow their wealth in unproductive finance, speculation and...

First, stop with this nonsense. I went to school in the 1980's and 90's and studied technical drawing and design. What on earth does that have to do with my question? Now I should probably rephrase that some because in the history of our trade deficit with China, $3.2 trillion only...

You spend your life paying taxes, not repaying the entirety of debt. The biggest lie ever believe by the American people. The debt has to be repaid. It's always about "the children". That's not the issue. Let me ask you and devil21. I answered your question in good faith. Now you...

Oh, and here I thought u were being serious.

I was trying to find this last night when I wrote my reply.... Notice that when the government runs a net surplus (1997-2007) the private sector's asset balance declines. So how did the Australian private sector continue to grow despite the private sector balance decreasing? It grew...

devil21 Ok, you got me I'm stumped...Please enlighten me.

I didn't miss your point I simply didn't understand what you are asking. Thank you for clarifying the question. Can't say I remembered all of this off the top of my head...So, this is what I've come up with after a little reading. When it's anticipating a new federal bond issue, the central...

Sorry, I thought that was obvious, the US government. And no, I'm asking if the government can spend new money before it issues new Treasuries.

You make a good point with respect to the uptick rule. I've been reading a little more on the topic and it seems there is quite a bit of sentiment that agrees with your position. Thank you for sharing your position on this. I conceded that you are probably correct. I also agree with your...