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  #81  
Old 02-09-2018, 10:32 AM
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whell whell is offline
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Quote:
Originally Posted by nailer View Post
The Fed, not Treasury, sells Treasury notes to fund the deficit.
The Treasury authorizes the sale of the bonds. The Fed cannot issue new gov't paper, though they buy and sell to "regulate" the economy. The Fed is the conduit through which the bonds are sold.

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Originally Posted by nailer View Post
The deficit is there for all to see if they but care to look. It's not being hidden/concealed as you just falsely claimed.
I never claimed that it was "hidden/concealed". Ever.

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Originally Posted by nailer View Post
In addition, Treasury notes are not bought with cash. I just called the Fed's Dallas branch bank and confirmed this. I thought business majors were required to take Economics 101. Shit, I was an EE major and took it for fun.
Sure you can. Go here, open an account, and have at it.

https://www.treasurydirect.gov/indiv...tes_glance.htm
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  #82  
Old 02-09-2018, 10:45 AM
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Rajoo Rajoo is offline
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Originally Posted by nailer View Post
Why are you ?
I assumed you had a background in finance, not engineering. Fooled me.
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  #83  
Old 02-09-2018, 11:44 AM
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nailer nailer is offline
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Originally Posted by whell View Post
The Treasury authorizes the sale of the bonds. The Fed cannot issue new gov't paper, though they buy and sell to "regulate" the economy. The Fed is the conduit through which the bonds are sold.



I never claimed that it was "hidden/concealed". Ever.



Sure you can. Go here, open an account, and have at it.

https://www.treasurydirect.gov/indiv...tes_glance.htm
Blew your sophist BS out of the water and you come back with this deflection. Another thing you constantly whine about when finnbow does it, although he is much better than thee.

Apparently you don't know the meaning of "paper over" or "cash." PM me your mailing address and I'll send you a book that might help you in this area.
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Last edited by nailer; 02-09-2018 at 11:48 AM.
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  #84  
Old 02-09-2018, 11:51 AM
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nailer nailer is offline
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I assumed you had a background in finance, not engineering. Fooled me.
My finances are in very good shape and I haven't done a lick of engineering since graduating.
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  #85  
Old 02-09-2018, 12:07 PM
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Rajoo Rajoo is offline
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My finances are in very good shape and I haven't done a lick of engineering since graduating.
Congratulations.
I got straight C's in EE (requisite sequence for ChE) after getting introduced to Messrs. Thevenin and Norton, a pair of buffoons if you ask me.
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  #86  
Old 02-09-2018, 12:50 PM
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whell whell is offline
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Originally Posted by nailer View Post
Blew your sophist BS out of the water and you come back with this deflection. Another thing you constantly whine about when finnbow does it, although he is much better than thee.

Apparently you don't know the meaning of "paper over" or "cash." PM me your mailing address and I'll send you a book that might help you in this area.
WTF are you babbling about? You asserted that I said something I didn't and now you're mad at me?

You can mail yourself your own crap.
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  #87  
Old 02-09-2018, 03:31 PM
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nailer nailer is offline
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WTF are you babbling about? You asserted that I said something I didn't and now you're mad at me?

You can mail yourself your own crap.
My crap goes down the toilet and you dump yours here.

Since you apparently don't know what a dictionary is I'll help you out. In the context you used, the definition of "paper over" is to hide or conceal. Capische?
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Last edited by nailer; 02-09-2018 at 03:58 PM.
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  #88  
Old 02-09-2018, 03:54 PM
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Congratulations.
I got straight C's in EE (requisite sequence for ChE) after getting introduced to Messrs. Thevenin and Norton, a pair of buffoons if you ask me.
I got my best grades in the classes I wasn't forced to take.
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  #89  
Old 02-09-2018, 03:54 PM
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Dondilion Dondilion is offline
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One aspect nobody is talking about is "dedollarization".
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  #90  
Old 02-09-2018, 03:57 PM
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One aspect nobody is talking about is "dedollarization".
Because that would be acknowledging the beginning of the end of the American Empire.
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