![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, October 11, 2013 1:00:18 PM
If the Fed needs to keep printing $1 extra Trillion a year to keep everything held up, why do they not simply print enough to pay off ALL the debt at one time? This way, the country basically owes itself, and they would not have to pay any interest on the debt or worry about rising interest rates and having to manipulate to keep them so low? Wouldn't this allow them to mess with interest rates in certain areas to stimulate things, without the worry of having to meet higher interest payments? They have already printed several extra Trillion, so what's a bit more to just end the debt?
Obviously, this plan would only work if they stop spending more than they take in, but what's the flaw in this plan? I'm feeling my age on this one and may be slipping a bit. What are the upsides and downsides of this plan, and why has no one thought of it previously?
Recent SLV News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2024 08:40:23 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/03/2023 06:39:51 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/04/2023 06:19:53 PM
- Will Silver’s 200-Day MA Break? • ValueWalk • 06/30/2023 07:38:03 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM