Saturday, March 7, 2009

Fake Money?

Americans are really good at faking it. We are even good at faking that we are faking it.

Toupees. Silicon breast implants. Collagen for various body parts. Even so-called “reality shows” are actually quite fake. Most of Michael Jackson and Joan River’s face. That woman who has had so much plastic surgery that her fake face looks unreal –[I think her name is Jocelyn Wildenstein, maybe].

The other day I was having a conversation with a group of fellow Democrats about where the bailout money is coming from, exactly. One guy said that our ancestors and their ancestors will have to pay the money back. Hell, that I know. But where is the money coming from, I asked.

One person said, “From China. They own most of out national debt.” Hmm. Maybe, I thought. But I keep on reading that the Chinese have no money, either ---so how are they affording to buy our debt.

“We’re just printing it. The more we need, the more we print,” another guy said. That does not seem like a good idea. Doesn’t cause rampant inflation? At least that is what I think I remember learning in high school economics.

So, I am going to have to try and figure out exactly where this money is coming from. Are we faking a good bailout?

10 comments:

Anonymous said...

Our 'ancestors' will have to pay for this??? Er... don't you mean our 'descendants' or has this blog gone all metaphysical on me?

As for an answer to your question you answered it. It is 'all of the above'.

Anonymous said...

'descendants'it is....

Anonymous said...

Where does China get the money to cover its bonds? Primarily from Chinese banks - who are investing money they have had returned from loans (profits). Their foreign-owned bonds tend to come from individual investors (particularly in Japan, Indonesia, Hong Kong, and the Phillipeans).

The difference between us and China is that they are only running a deficit because of their stimulus plan. Even without our stimulus, we have a huge deficit. Additionally, they are currently on the downslope of a "peak debt period" when a sizable part of their entire debt has come due - and they paid off a big chunk of it.

All in all, the money comes from the same place all bond investment money comes from - the future. Nice trick, eh?
Thurman

Anonymous said...

Hello !.
You may , probably very interested to know how one can make real money .
There is no initial capital needed You may begin to receive yields with as small sum of money as 20-100 dollars.

AimTrust is what you need
AimTrust represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

Its head office is in Panama with structures around the world.
Do you want to become an affluent person?
That`s your chance That`s what you desire!

I feel good, I started to take up income with the help of this company,
and I invite you to do the same. If it gets down to select a proper partner who uses your money in a right way - that`s the AimTrust!.
I take now up to 2G every day, and what I started with was a funny sum of 500 bucks!
It`s easy to join , just click this link http://ynebibyduk.the-best-free-web-hosting.com/qupemuq.html
and go! Let`s take this option together to feel the smell of real money

Anonymous said...

Good day !.
You re, I guess , perhaps very interested to know how one can manage to receive high yields .
There is no initial capital needed You may begin to receive yields with as small sum of money as 20-100 dollars.

AimTrust is what you haven`t ever dreamt of such a chance to become rich
The company incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

It is based in Panama with offices around the world.
Do you want to become a happy investor?
That`s your chance That`s what you really need!

I`m happy and lucky, I started to get real money with the help of this company,
and I invite you to do the same. It`s all about how to select a correct partner utilizes your savings in a right way - that`s AimTrust!.
I make 2G daily, and my first deposit was 1 grand only!
It`s easy to start , just click this link http://amikenug.mindnmagick.com/lymabup.html
and go! Let`s take this option together to become rich

Anonymous said...

Good day, sun shines!
There have were times of troubles when I didn't know about opportunities of getting high yields on investments. I was a dump and downright stupid person.
I have never imagined that there weren't any need in big starting capital.
Nowadays, I'm happy and lucky , I started to get real income.
It's all about how to select a proper companion who utilizes your funds in a right way - that is incorporate it in real business, and shares the profit with me.

You can ask, if there are such firms? I'm obliged to tell the truth, YES, there are. Please get to know about one of them:
http://theblogmoney.com

Anonymous said...

Hi there!
I would like to burn a theme at this forum. There is such a thing, called HYIP, or High Yield Investment Program. It reminds of ponzy-like structure, but in rare cases one may happen to meet a company that really pays up to 2% daily not on invested money, but from real profits.

For several years , I make money with the help of these programs.
I don't have problems with money now, but there are heights that must be conquered . I get now up to 2G a day , and I started with funny 500 bucks.
Right now, I managed to catch a guaranteed variant to make a sharp rise . Visit my blog to get additional info.

http://theinvestblog.com [url=http://theinvestblog.com]Online Investment Blog[/url]

Anonymous said...

Glad to greet you, ladies and gentlemen!

Sure, you’ve heard about me, because my fame is running in front of me,
my parents call me James F. Collins.
Generally I’m a venturesome gambler. recently I take a great interest in online-casino and poker.
Not long time ago I started my own blog, where I describe my virtual adventures.
Probably, it will be interesting for you to utilize special software facilitating winnings .
Please visit my web page . http://allbestcasino.com I’ll be interested on your opinion..

Anonymous said...

Il semble que vous soyez un expert dans ce domaine, vos remarques sont tres interessantes, merci.

- Daniel

muebles en lugo said...

It will not truly have success, I feel like this.