…treasury bonds equaling the deficit spend and sells them to the private sector. That’s an asset swap: bonds assets for M2 assets. The M2 is retired back into Treasury’s magic…

…companies, not a course feasible for Berkshire. … [re why insured bonds will have different default characteristics than uninsured bonds] “Local governments are going to face far tougher fiscal problems…

…Mae and Freddie Mac) and not (private-label MBS) means it will have eventually sold or pledged half of its Treasurys, limiting how many more of these tricks it can pull…

Update: By Dale Coberly (was inadvertently omitted as author, although regulars know and the label names him) SOCIAL SECURITY: IT’S JUST MATH or how to lie with numbers “Math doesn’t…

…sells a dollar of bonds and purchases a dollar of equity, private investors would buy a dollar of bonds and sell a dollar of equity. I go onto to explain…

…did not help either as it resulted in more spending. Food companies also added to the issues with increasing prices and cutting package sizes. Can’t label them Schooner Tuna examples,…