http://ca.reuters.com/article/topNews/idCATRE51G5X720090222
Deficits are No Problemo.
We won't worry about a Treasury Bond Auction Failure.
We won't worry about Interest Rates on our Debt going up.
We won't worry about a US Sovereign Debt Downgrade.
We certainly won't worry about Inflation with all that money we're printing.
And we won't worry about having a new currency replace our dollar when inflation drives its value down to a dime.
Don't Worry, Be Happy :)
Apologies to Bobby McFerrin
Thanks to Allen Brennan for his analysis.
Deficits are No Problemo.
We won't worry about a Treasury Bond Auction Failure.
We won't worry about Interest Rates on our Debt going up.
We won't worry about a US Sovereign Debt Downgrade.
We certainly won't worry about Inflation with all that money we're printing.
And we won't worry about having a new currency replace our dollar when inflation drives its value down to a dime.
Don't Worry, Be Happy :)
Apologies to Bobby McFerrin
Thanks to Allen Brennan for his analysis.
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