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  • From: bob ford <bobford79 AT yahoo.com>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] National debt now $10,574,000,000
  • Date: Mon, 3 Nov 2008 17:18:20 -0800 (PST)

That's exactly what I was thinking. Simple supply and demand. The only
reason I question my thinking is I don't know how long all of the artificail
gov't intervention will skew the numbers ..........bobford


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--- On Mon, 11/3/08, Clansgian AT wmconnect.com <Clansgian AT wmconnect.com> wrote:

> From: Clansgian AT wmconnect.com <Clansgian AT wmconnect.com>
> Subject: Re: [Homestead] National debt now $10,574,000,000
> To: homestead AT lists.ibiblio.org
> Date: Monday, November 3, 2008, 6:14 PM
> > >Don, if I understand basic math and economics, what
> will happwn next is
> > treasuries will lose value because so much new debt is
> being sold.
>
> It began just like that today. Another (in a long series)
> thing that seems
> to have blindsided the economic wunderkind Bernanke is the
> assumption there
> would be buyers for those treasuries. If there are not, or
> if there are too few,
> the interest rate must go sharply higher to make them
> sellable.
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