Reply to thread

Message: <blockquote data-quote="bbsam" data-source="post: 678990" data-attributes="member: 22662">Re: Obamanation here todayDuh.  They printed it.  Then they put it into circulation.  From one transaction to another a portion was sent back in the form of taxes which then went to pay for social services, roads, bridges, fire departments, police forces.  Now the expenditure of such funds was such that others would receive compensation and use said funds in the course of economic activity thus again creating tax revenue and profits for the companies providing goods and services.  But should one insist upon the least common denominator, yes, the U.S. Treasury owns the money.  Don't feel too bad though, it's only really debt that they own.</blockquote>