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debbierlus (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 09:50 AM Original message |
I have a serious question for the financially astute on this board; Where is this money coming from? |
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AllieB (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 09:51 AM Response to Original message |
1. China and the US taxpayers. |
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TransitJohn (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 09:51 AM Response to Original message |
2. Our children |
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Winterblues (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 11:27 AM Response to Reply #2 |
22. Children's children's children |
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TechBear_Seattle (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 09:53 AM Response to Original message |
3. I work in the financial sector. None of my co-workers have any idea. |
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Suji to Seoul (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 09:55 AM Response to Original message |
4. The magic Money Tree Fairy? |
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Cessna Invesco Palin (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 09:56 AM Response to Original message |
5. Start here: |
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jovi (30 posts) Send PM | Profile | Ignore | Wed Sep-17-08 09:57 AM Response to Original message |
6. Good Question- My thoughts also |
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debbierlus (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 12:54 PM Response to Reply #6 |
29. It has been repeated in a few different places - I did a quick google here is one: |
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smoogatz (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 09:58 AM Response to Original message |
7. Great question! |
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EV_Ares (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 09:59 AM Response to Original message |
8. Taxes, confiscation of the public's money thru raising of taxes, yours and |
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Junkdrawer (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 10:05 AM Response to Original message |
9. Short Answer: Printing Money.... |
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trof (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 10:33 AM Response to Reply #9 |
18. The Gutenburg Gambit |
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arcadian (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 10:06 AM Response to Original message |
10. Thin air. |
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Sanity Claws (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 10:07 AM Response to Original message |
11. Printing press |
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rucky (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 10:09 AM Response to Original message |
12. Watch This Film... |
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El Pinko (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 10:10 AM Response to Original message |
13. Your pockets. |
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Locrian (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 10:12 AM Response to Original message |
14. wizards of money... |
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Yavin4 (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 10:12 AM Response to Original message |
15. Two Sources: Your Tax Dollars and Inflation |
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DemoRabbit (554 posts) Send PM | Profile | Ignore | Wed Sep-17-08 11:29 AM Response to Reply #15 |
23. and, in case you're wondering, inflation = printing more money |
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HamdenRice (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 10:18 AM Response to Original message |
16. Generally by selling treasury bills. The Treasury has become a Hedge Fund |
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Yavin4 (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 10:26 AM Response to Reply #16 |
17. And Those MBS Are Worthless |
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HamdenRice (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 10:33 AM Response to Reply #17 |
19. Wrong. They still have value |
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Yavin4 (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 11:05 AM Response to Reply #19 |
20. Bullshit. |
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HamdenRice (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 11:23 AM Response to Reply #20 |
21. If they had zero value, there wouldn't be any bailouts |
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Yavin4 (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 01:29 PM Response to Reply #21 |
34. There are MBS That Have No Value |
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Junkdrawer (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 02:35 PM Response to Reply #34 |
36. Look at these two graphs...This time next year will be BRUTAL... |
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HamdenRice (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 03:05 PM Response to Reply #34 |
37. So now there are only some mbs with no value? |
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Blue Diadem (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 11:33 AM Response to Reply #16 |
24. They've just started a new program selling bonds for the federal reserve. |
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HamdenRice (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 11:43 AM Response to Reply #24 |
28. Ironically, despite the turmoil and record deficits it's now EASIER for the fed to raise money |
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APPLE_PIE (55 posts) Send PM | Profile | Ignore | Wed Sep-17-08 11:34 AM Response to Original message |
25. The Federal Reserve prints it. |
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fed_up_mother (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 11:36 AM Response to Original message |
26. This is just to tide us over until the election, then the house of cards will fall |
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debbierlus (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 01:09 PM Response to Reply #26 |
32. I don't know if it won't fall before then - this is snowballing fast - the fact this is happening |
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old mark (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 11:40 AM Response to Original message |
27. It is not actual paper dollars - it is like credit. |
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cleveramerican (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 12:58 PM Response to Original message |
30. don't forget the big three automakers and the airlines....... |
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debbierlus (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 01:09 PM Response to Reply #30 |
33. That is all well and good, but the taxes won't cover this - even generational |
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bushmeister0 (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 01:08 PM Response to Original message |
31. I'm sure the Chinese will just be snapping up those new T-bills we're issuing. |
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TornadoTN (1000+ posts) Send PM | Profile | Ignore | Wed Sep-17-08 01:31 PM Response to Original message |
35. Thin Air |
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DU AdBot (1000+ posts) | Fri Apr 26th 2024, 04:15 PM Response to Original message |
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