Quoting the Crisis30/09/2009
“ Finally, the headline of this piece cracks me up. ‘U.S. issues $7 trillion debt, supply to stabilize.’ Since the Treasury determines what the supply is, I guess that’s like saying, “We’re borrowing scads of money now, but we plan to borrow less in the future.” OK, that’s nice, but we’ll believe it when we see it. „
Kurt Brouwer in Fundmastery Blog » Blog Archive » Households Cut Back; Government Debt Grows
Quote posted at 19:05
