tag:blogger.com,1999:blog-5713178645208582139.post8259299391554372704..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: Jim Hamilton's Sobering ThoughtDavid Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5713178645208582139.post-30403600082913383002010-07-13T00:09:59.498-05:002010-07-13T00:09:59.498-05:00[i]The deficit creates a non government surplus, a...[i]The deficit creates a non government surplus, and the capacity to buy the bonds. Doesn't really matter from what source.[/i]...<br /><br />Unfortunately it also redistributes the wealth to the bond holders while bankrupting the taxpayers. As one who has seen a fair piece of my own production efforts transferred in this swindle, I don't find your view comforting in the slightest.<br /><Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-84104292026318738322010-07-12T10:02:03.511-05:002010-07-12T10:02:03.511-05:00This is just accounting.
The deficit creates a no...This is just accounting.<br /><br />The deficit creates a non government surplus, and the capacity to buy the bonds. Doesn't really matter from what source.Anonymousnoreply@blogger.com