Posted 1/5/2010 16:37 (#1004621 - in reply to #1004606) Subject: Re: Things in Europe not so rosy
South central kansas
In my mind, for all practical purposes, "monetizing the debt" is nothing more than the public sector overspending in relation to GDP, which as I stated, either we voluntarily reduce, or the bond market will do it for us.
In my opinion, it's an either, or, proposition, Just look at Japan's attempt at QE, just where did it get them?.
Things in Europe not so rosy
