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View Diary: "Take Care" (37 comments)

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  •  As a former Wall Street trader, I use the term (1+ / 0-)
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    figbash

    because the government keeps printing paper, and the Treasury keeps buying it to prop up the dollar. There is a huge kerfluffle in financial markets over whether Bernanke is going to tighten this fall by purchasing fewer Treasuries, which would put an inflationary pressure on our already stressed economy.

    So in a sense our government is at a critical financial juncture, not just because of the October crisis over increasing the federal government's purchasing power.

    So long as the bourgeoisie control the cultural institutions which define social reality, they will set the basic rules of debate and thereby control the range of possible outcomes. ~ Antonio Gramsci

    by 4Freedom on Fri Sep 13, 2013 at 10:20:13 AM PDT

    [ Parent ]

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