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Where has all the humanity gone?
Message
From
11/10/2010 11:13:33
Dragan Nedeljkovich (Online)
Now officially retired
Zrenjanin, Serbia
 
General information
Forum:
News
Category:
Articles
Miscellaneous
Thread ID:
01484247
Message ID:
01484715
Views:
25
>>>Paying for 4 year college would be great but I don't think it's going to happen any time soon. Government is broke at every level. The states are actually more broke than the feds because they can't print money.
>>
>>Feds can't print money either. Sorry to break the news to you, but it's so since 1913: the federal government borrows from The Fed (the well fed, I'd say), who invent money out of thin air.
>>
>
>That's a distinction without a difference, isn't it?

There's a difference between the money the government borrows ant he money it owes. It's called interest. Funny though, how The Fed charges interest on the money it just conjures. Sounds like the Bosnian joke about the guy who forged $13 bills - actually, tens, but he added his costs.

back to same old

the first online autobiography, unfinished by design
What, me reckless? I'm full of recks!
Balkans, eh? Count them.
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