Replies to post #407663 on Fannie Mae (FNMA)

[Moeclay]

"...We print money when we need more."


Remind Mnuchin of this so he can stop taking the shareholders'.

[FastEddie18585]

We've had a national debt since the 1790s. Some years we've paid it down, but it's been there. It really doesn't matter as much as you might think.

https://www.nytimes.com/2015/02/09/opinion/paul-krugman-nobody-understands-debt.html?_r=0

[Sogo]

Best summaryYet of what the U.S. has become.

In a few sentences, you've explained the "skeleton" of the actual macro operation of the U.S. better than I've seen done since maybe Rothbard.

Nice work there!

The "economic freedom-based U.S." died long ago, in 1913.