Re: TMQ: Crisis? What Crisis?

"Keith F. Lynch" <kfl@xxxxxxxxxxxxxx> wrote
Kevin J. Maroney <kjm@xxxxxxxxx> wrote:
Actually, no, the evidence so far is that there doesn't exist a
point at which no one will loan the US money.

I tend to agree. Just as there seems to no point at which no one will hand
over their bank account number & password to Nigerian generals.

You mean, the evidence is that that point hasn't been reached yet.

Even if everyone forever believes that the US federal government is an
excellent investment, the amount of money available to be invested is
finite.

True, but it's trivially easy to add extra zeros to currencies, meaning that
any concievable limit in number of available dollars is a long way off.

What's more, every dollar invested in coercion futures is a
dollar not available to be invested in productive enterprises, or to
be loaned to a family so they can buy a house.

Karl Johanson
www.neo-opsis.ca
www.youtube.com/user/KarlJohanson42
http://www.facebook.com/group.php?gid=48525080175


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