you need to learn the difference between liquidity and solvency...
H/T to Green Mountains Homesteading for the above video
And from guest poster Dr. Robert Owens over at Lonely Conservative, A Principle for Peter in the 21st Century
The world is lining up to not buy our debt so we are buying it ourselves in a move we call by the innocuous acronym QE2, which is short for Quantitative Easing two. More traditional, or verbally honest, economists are calling this what it is: monetizing our debt. This is a move which has our creditors heading for the doors and our enemies smiling as poor old Uncle Sugar stands with his pockets turned inside out, a bewildered look on his face as he wonders, “Where did all flowers go?” read it all
