Quote:
Originally Posted by Pleasurepays
this money exists. its not created out of thin air. it is money already set aside for this type of problem
|
And you're calling everyone else retarded? Sorry the Fed wil either have to print more money which will devalue the dollar which is BAD by the way or they'll have to go borrow it form China or some other country which is also bad.
Notice yesterday when no deal was struck the dollar actually went UP in value and the price of oil went DOWN? Here's clue, a strong dollar is GOOD for the economy and lower oil prices means lower gas prices which means American spending less on fuel and more on other things which helps the economy. Also means lower costs to ship goods to stores which means lower prices on things like food and just about everything thing else. Once again putting even more money in the pockets of Americans. Somehow this is perceived as "bad"