[lbo-talk] Krugman: The Zombies Who Ate Alan Simpson's Brain

Doug Henwood dhenwood at panix.com
Wed Jun 23 08:38:20 PDT 2010


On Jun 23, 2010, at 9:35 AM, Shane Mage wrote:


> And in what way does that make T-Bonds in the trust fund any
> different from all other T-Bonds that come due for redemption?

A private holder can sell a bond to someone else for cash. The Treasury can't sell one to itself for cash.

Doug



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