The Economic Argument Is Over — And Paul Krugman Won (according to a fanboi)

[bbjaylive]

Yeah, I am still trying to figure out how at the basis of our entire financial system is government debt. It seems odd that we would view government bonds with such high stability given that our government hasn't run a real surplus in nearly 60 years.

Has the government ever failed to pay up when the bonds mature? No. So why does it seem odd to you that they are so reliable?

 

[Carson]

The Northbreather,

I really liked that first comment with all of the up votes.


"A lie repeated a hundred times becomes the truth! As long as stocks and commodities rally with the $200 billion monthly donations, and rating agencies too terrified to perform downgrades, everything must be fine!
69 Replies"

 

[paulbot24]

Do you print your own money? No. So what on earth are you talking about?

I could print up some Monopoly money right now but what difference would that make?