"Americans used to say where there's a will, there's a way. Nowadays, it's where there's a pill, there's a way out." - - Burnt Toast

Thursday's Rumination. . .

Ok, so we're gonna spend all this money, right?

And the government is going to print more money, right?

And they will secure said dollars by selling more bonds, right?

And the Chinese and others, who hold trillions of dollars of our debt already will snap them up, right?

At what point does our dollar become weaker and potentially worthless by the aforementioned debt and unprecedented spending which will flood the market with fresh dollars?

And in the meantime, with all this new spending, Prez-dent Obama is going to cut the deficit in half by spending more than ever before and selling more debentures than ever before without cutting any governmental programs in the process?

How is all of the above possible? And frankly, why isn't Washington burning right now?

Just asking. Sometimes I ain't too smartz.

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