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View Diary: Guess Who’s America’s Largest Creditor (Hint: It’s NOT China) (160 comments)

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  •  Cash (0+ / 0-)

    Of course "cash" doesn't mean only physical currency notes. I paid cash down on my house to my mortgage lender, but it was by check. A numerical value was subtracted from the computer records of my bank account and the equl numerical value was immediately added to the computer records of the lender's bank account. Calling that "cash" isn't confused; it's one of the well understood meanings of the term, all of which mean "liquid financial asset of national currency in the local denomination". Whether currency notes, or a personal check, or other cash instrument like a bank check etc.

    OK, the blockquote is from ThinkFirst, not Bruce Webb. But your first post in this subthread, in response to my first post in it, said

    You are essentially claiming I am equating any relation [...]

    If you are not ThinkFirst, nor are identifying with their post, then how can you say that I am claiming you are doing anything? Until you wrote that sentence, I said nothing about anything you said.

    Look, if all you've got in response to my last post is a meaningless semantic quibble about "cash", without responding to my rejection of your notions about netting debt payments, then you're not really disagreeing. I'm not going to bother having a conversation like that.

    "When the going gets weird, the weird turn pro." - HST

    by DocGonzo on Mon May 26, 2014 at 03:02:45 PM PDT

    [ Parent ]

    •  I took your 10:46 as a reply (in part) (0+ / 0-)

      to my 8:54

      Sorry that wires got crossed and I took your "you" to refer to me.

      SocSec dot.Defender at gmail.com - founder DK Social Security Defenders Group

      by Bruce Webb on Mon May 26, 2014 at 04:21:48 PM PDT

      [ Parent ]

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