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A comment on In Fed and Out, Many Now Think Inflation Helps. Parent comment

Re:In Fed and Out, Many Now Think Inflation Helps by mistermann on Sunday October 27, 2013 @11:40PM (#6624981)
Recent history would seem to indicate the US can somehow simply buy their own debt. It seems impossible to me but its been working so far.
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Re:In Fed and Out, Many Now Think Inflation Helps by tokenizer on Sunday October 27, 2013 @11:52PM (#6625018)
You're right, however things can take a long time to run out of steam. Also, it's very interesting how much of economics relies on everyone believing in the system.

I'd recommend checking this video out: http://www.youtube.com/watch?v=BH9YPtk5VB4. This is what many people think. While some can definitely brush it off, many aren't.

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Re:In Fed and Out, Many Now Think Inflation Helps by jayfuerstenberg on Monday October 28, 2013 @12:15AM (#6625105)
Well the US is exporting its debt (counterintuitive as that sounds) overseas by buying goods made abroad.

If I recall correctly 40% of US currency is actually outside the country.

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