Bitcoin Forum

Economy => Speculation => Topic started by: benjamindees on November 21, 2013, 05:53:21 AM



Title: US Treasury issued $1 trillion in debt in the last 6 weeks
Post by: benjamindees on November 21, 2013, 05:53:21 AM
http://cnsnews.com/news/article/terence-p-jeffrey/treasury-forced-issue-1t-new-debt-first-6-weeks-fy14

Quote
Between Oct. 1, 2013, the first day of fiscal 2014, and Nov. 14—which was less than a month after Congress agreed to temporarily suspend the legal limit on the federal debt—the Treasury was forced to issue more than $1 trillion in new debt.

Fuel for the fire?


Title: Re: US Treasury issued $1 trillion in debt in the last 6 weeks
Post by: Sindelar1938 on November 21, 2013, 02:52:49 PM
Business as usual at the monetary ponzi operators....


Title: Re: US Treasury issued $1 trillion in debt in the last 6 weeks
Post by: xephireusMMX on November 21, 2013, 03:53:48 PM
Hopefully the inflation increases a bit, debt interests need to be payed from next debt and only steady inflation keep this monetary system


Title: Re: US Treasury issued $1 trillion in debt in the last 6 weeks
Post by: wachtwoord on November 21, 2013, 03:56:47 PM
Business as usual at the monetary ponzi operators....

Indeed.


Title: Re: US Treasury issued $1 trillion in debt in the last 6 weeks
Post by: chrsjrcj on November 21, 2013, 03:57:28 PM
Are you saying now is not a good time to invest in US dollars??


Title: Re: US Treasury issued $1 trillion in debt in the last 6 weeks
Post by: Wilhelm on November 21, 2013, 03:57:43 PM
$1 trillion? no problem ... at least the people printing money won't be out of a job in the near future :D


Title: Re: US Treasury issued $1 trillion in debt in the last 6 weeks
Post by: wachtwoord on November 21, 2013, 04:02:35 PM
Are you saying now is not a good time to invest in US dollars??

As good as investing in ice in the desert without proper cooling equipment.


Title: Re: US Treasury issued $1 trillion in debt in the last 6 weeks
Post by: adamstgBit on November 21, 2013, 04:03:11 PM
$1,014,215,000,000

and they spent it all in a few hours!  :D


Title: Re: US Treasury issued $1 trillion in debt in the last 6 weeks
Post by: vitalemontea on November 21, 2013, 04:35:23 PM
$1,014,215,000,000

and they spent it all in a few hours!  :D
Not spent, just allocated to departments


Title: Re: US Treasury issued $1 trillion in debt in the last 6 weeks
Post by: BitchicksHusband on November 21, 2013, 04:35:38 PM
$1,014,215,000,000

and they spent it all in a few hours!  :D

I hate my country sometimes.


Title: Re: US Treasury issued $1 trillion in debt in the last 6 weeks
Post by: Taras on November 24, 2013, 05:25:46 PM
$1 trillion? no problem ... at least the people printing money won't be out of a job in the near future :D
http://usdebtclock.org/


Title: Re: US Treasury issued $1 trillion in debt in the last 6 weeks
Post by: Hawker on November 24, 2013, 05:54:19 PM
Hopefully the inflation increases a bit, debt interests need to be payed from next debt and only steady inflation keep this monetary system

The real interest rate paid by government is negative - that's why its so easy for it to borrow. 


Title: Re: US Treasury issued $1 trillion in debt in the last 6 weeks
Post by: GriTBitS on November 24, 2013, 06:07:17 PM
With some of that intrest that the FED is collecting they should just buy some bitcoin. Dont see why they would want to hold onto the same dollars they are creating. But I would assume they are buying gold with it, While JP Morgan is shorting it for them. Then the fed will release the new Golden Bitcoin!


Title: Re: US Treasury issued $1 trillion in debt in the last 6 weeks
Post by: Carlton Banks on November 24, 2013, 11:43:31 PM
Who wants to bet that the Debt ceiling continues it's suspension after February's debate?  :D (and forever after...)