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Author Topic: US Treasury issued $1 trillion in debt in the last 6 weeks  (Read 1271 times)
benjamindees
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November 21, 2013, 05:53:21 AM
 #1

http://cnsnews.com/news/article/terence-p-jeffrey/treasury-forced-issue-1t-new-debt-first-6-weeks-fy14

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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.

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Sindelar1938
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November 21, 2013, 02:52:49 PM
 #2

Business as usual at the monetary ponzi operators....

xephireusMMX
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November 21, 2013, 03:53:48 PM
 #3

Hopefully the inflation increases a bit, debt interests need to be payed from next debt and only steady inflation keep this monetary system

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November 21, 2013, 03:56:47 PM
 #4

Business as usual at the monetary ponzi operators....

Indeed.
chrsjrcj
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November 21, 2013, 03:57:28 PM
 #5

Are you saying now is not a good time to invest in US dollars??
Wilhelm
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November 21, 2013, 03:57:43 PM
 #6

$1 trillion? no problem ... at least the people printing money won't be out of a job in the near future Cheesy

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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November 21, 2013, 04:02:35 PM
 #7

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.
adamstgBit
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November 21, 2013, 04:03:11 PM
 #8

$1,014,215,000,000

and they spent it all in a few hours!  Cheesy

vitalemontea
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November 21, 2013, 04:35:23 PM
 #9

$1,014,215,000,000

and they spent it all in a few hours!  Cheesy
Not spent, just allocated to departments
BitchicksHusband
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November 21, 2013, 04:35:38 PM
 #10

$1,014,215,000,000

and they spent it all in a few hours!  Cheesy

I hate my country sometimes.

1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
Taras
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November 24, 2013, 05:25:46 PM
 #11

$1 trillion? no problem ... at least the people printing money won't be out of a job in the near future Cheesy
http://usdebtclock.org/
Hawker
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November 24, 2013, 05:54:19 PM
 #12

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. 
GriTBitS
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November 24, 2013, 06:07:17 PM
 #13

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!


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Carlton Banks
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November 24, 2013, 11:43:31 PM
 #14

Who wants to bet that the Debt ceiling continues it's suspension after February's debate?  Cheesy (and forever after...)

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