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View Diary: The Debt Ceiling Is Not Unconstitutional, Right Now! (56 comments)

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  •  We have enough for the real purpose. (1+ / 0-)
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    psyched

    The current debt ceiling is many multiples of how much paper we need for term pricing purposes, so even with inflation, we can roll over enough paper debt for real financial purpose.

    If the markets wants to switch back to the bond system, they need only instruct the GOP to make raising the debt ceiling a priority.

    Support Lesbian Creative Works with Yuri anime and manga from ALC Publishing

    by BruceMcF on Thu Jun 30, 2011 at 10:03:28 AM PDT

    [ Parent ]

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