Tuesday, October 8, 2013

Recycling the USA Deficit

Debt-based Currency 
or
"Recycling Dollars"

Copyright 2013 Michael J. Costa, All rights reserved.

When you buy (trade) a Debt-note, you are buying someone's debt, thus paying for it with your hard currency.  This is similar to a Recycling Company buying trash from poor nations to Recycle it into useful items.

Perhaps the USA Federal Government can trade Debt-notes to clean up its $17 Trillion of Debt before there is any chance of, or to prevent "economic collapse" or a "weakened Dollar?"

MC 2013.


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