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Originally Posted by checkthisout
Strawman.
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Yes, it is.
Just not from me.
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Accredited investors were for the most part, intelligent enough not to touch the stuff and most 401k plans did not allow the purchasing of such securities leaving only foreign markets.
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First you say that...
"they earn all the interest dollars instead of Americans?"....now you're saying that American investors don't want to buy the debt?
You're more than a little inconsistent here.
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People rant about Fed printing money, but say nothing to the fact that securitization through the sale of debt to foreigners whom deal in other currencies is akin to printing dollars.
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It's not that complicated, nor is it some
'conspiracy.'
Treasury notes are issued by the United States, to fund our government.
Anyone can buy them.
The fact that foreign entities have deemed us a better credit risk (to the tune of about 80% of the notes of 3-10 years maturity are now foreign owned), than our own business'/people..........is something that has struck me as a little strange.
The fact of the matter is, they have more faith in our future than we do.
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