Downsize the Debt Act (Tabled) (user search)
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  Downsize the Debt Act (Tabled) (search mode)
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Author Topic: Downsize the Debt Act (Tabled)  (Read 811 times)
Fmr President & Senator Polnut
polnut
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Posts: 19,489
Australia


Political Matrix
E: -2.71, S: -5.22
« on: September 29, 2014, 08:02:15 PM »
Quote from: Senator North Carolina Yankee on September 29, 2014, 06:28:53 PM
The money was printed that was paid to the Treasury for these securities. If that is the case, it could not only weaken the dollar but also cause inflation, because it sends a message we are monetizing the debt no?

I believe this is the case, can the Sponsor please clarify the mechanism and intent of this Bill.
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Fmr President & Senator Polnut
polnut
Atlas Icon
*****
Posts: 19,489
Australia


Political Matrix
E: -2.71, S: -5.22
« Reply #1 on: September 30, 2014, 07:11:46 AM »
I agree with Senator Bore on this.

AYE
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