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Old Aug 9, 2007 | 08:02 AM
  #39  
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RB
snitches get stitches
 
Joined: May 2002
Posts: 49,696
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From: Portland, OR
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Originally Posted by 98CoupeV6
Actually, the government can print money to pay off bonds if it wants. It's bad practice, but it's possible. The only thing the USG needs to attract investors is a reasonable rate of return. Bonds and notes are repaid at an interest rate and are "risk-free", making them attractive long term investments. 6% APR is pretty good on millions of dollars.
I've come to the conclusion that you really don't know what you're talking about. I think you should probably do a little more research before you say things like this.
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