Will China stop buying US debt?

[Stone]

http://money.cnn.com/

 

Yes, I watched that video with great interest.

 

But people forget one very important buyer of US debt: Federal Reserve. Fed to buy $300 billion in long-term Treasurys.

 

Worse comes to worst, just have Federal Reserve buy several trillion dollar of US debt. The debt is gone or erased, nice and easy.

 

Who said our future generations have to pay for this debt, when it can be eliminated so easily?

Edited March 30, 2009 by Stone (see edit history)

[david_dawei]

cleaned up a bit... let's try again... or maybe not for a few... or take it to another place... or another forum.