[EnergyUnlimited]

I have recently noted that US national debt clock is showing contraction of debt (I observe about $50 billion contraction within last 2 weeks or so).
So how that is done?
Is that done by a mere printing of money?
Anyone can help?

[TreeFarmer]

I don't know about the debt clock but it is very hard to "print" yourself out of anything, in fact about all you can do is "print" yourself into trouble. Every dollar that is printed turns into at least 9 more dollars once it hits the banking system and thus would lead to wholesale inflation.

Have you watched "Money as Debt"? That would answer your question.

TF

[sjn]

$this->bbcode_second_pass_quote('TreeFarmer', 'I') don't know about the debt clock but it is very hard to "print" yourself out of anything, in fact about all you can do is "print" yourself into trouble. Every dollar that is printed turns into at least 9 more dollars once it hits the banking system and thus would lead to wholesale inflation.

Have you watched "Money as Debt"? That would answer your question.

TF

[GreyFox]

The U.S. Treasury Dept. will attempt to sell as many TBills, Notes, and Bonds as the markets can absorb. However, with all the bailouts and deficits much of the future debt will be required to be monitized (printed) with no sterlization of the funds. Over the longer term this will cause additional inflation (an increase in money supply and/or credit). The Markets, Real Estate, and most any asset tied to credit are deflating currently. Presently deflation is winning the battle but eventually inflation will overcome the delfation resulting in higher prices for basic goods (food, clothing, energy). Longer term the "dollar is toast".

[nobodypanic]

all this fuss over paper.

the 'answer' is as plain as the nose on our faces... jettison the entire concept of money.

[Arsenal]

$this->bbcode_second_pass_quote('nobodypanic', 'a')ll this fuss over paper.

the 'answer' is as plain as the nose on our faces... jettison the entire concept of money.