REMEMBER, MONEY IS FREE IF WE BORROW FROM THE FED!

[The Great Aztec Joe]

Most of the uneducated Conservatives on this board do not understand the obvious. All Government money for spending on projects is absolutely FREE. We can borrow forever and never have to pay it back! Word!

The FED does not collect interest. If we pay it to them on bonds that they own (Roughly half the large bonds out there.) they deposit that interest money in the US Treasury.


That is what they do. In essence if the FED buys the bond, the loan is free. What a wonderful system!

[The Great Aztec Joe]

This topic always amuses me. Republicans refuse to see the forest because all of the trees are in the way. Republicans are always like that.

They know that the FED puts interest money back in the Treasury, but they then say it does not matter because we have to pay too much interest and we do not have the means to do so.

And then you wonder why I think all Republicans are nutz.