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buying and selling debt

Discussion in 'Central Banking & Fed Reserve' started by David Merrill, Oct 25, 2012.



  1. David Merrill

    David Merrill Seeker Seeker

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    How can the opposite of money (debt) be considered a derivative of money with any value (in money)?


    NYGman is an attorney and therefore has a job to do.
     
  2. ttazzman

    ttazzman Midas Member Midas Member Site Supporter

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    FRNs (money) is debt........
     
  3. phideaux

    phideaux Mother Lode Found Mother Lode

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    Credit, not money, is the opposite of debt.
     
  4. David Merrill

    David Merrill Seeker Seeker

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    too bad,

    he would have been fine had he not spammed the whole forum with the links

    regardless, banned and posts tossed
     
    Last edited by a moderator: Nov 17, 2016
  5. David Merrill

    David Merrill Seeker Seeker

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    I think that credit is akin to debt, in that it enslaves.

     

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