can any city boys answer me this?

[andymc]

if we are in a state of financial meltdown where will the fed get the 700 billion, im aware it has a gold reserve but would it be selling it?
would they borrow from other countries as surely they will be over a barrel, anyway whats the interest on 700 billion, these things keep me up at night!
andy

[davemac250]

News today sying it was going to be funded by tax increases.

[Heskey]

davemac250 said:

tax increases.

"We're out of nails for this coffin, baws"

[abdulaziz]

Iraq

[Zod]

they'll borrow it in the form of Treasury bonds that the Chinese inter alia are very keen to buy. The interest will be around 2%, so annually around $14 billion.

[Fittster]

Some people question how much gold the Yanks actually have. No audit of Fort Knox has been performed since 1950s.

[rude-boy]

Fittster said:

Some people question how much gold the Yanks actually have. No audit of Fort Knox has been performed since 1950s.

Becasue there is nothing to see you see. Flemming's book was really a distraction from the successful raid

[TEKNOPUG]

It's all buried on the moon

[pies1981]

Fittster said:

Some people question how much gold the Yanks actually have. No audit of Fort Knox has been performed since 1950s.

fort knox is'nt even thier main federal reserve

[elster]

I don't understand this either. As money isn't actually real.

So why cant they just add a few zeros on?

[FourWheelDrift]

pies1981 said:

Fittster said:

Some people question how much gold the Yanks actually have. No audit of Fort Knox has been performed since 1950s.

fort knox is'nt even thier main federal reserve

Jeremy Irons and his gang robbed the real one and got it all away in a load of dumper trucks