tag:blogger.com,1999:blog-9619963.post2500811870491768348..comments2023-12-08T12:50:34.303-08:00Comments on W.C. Varones: American JubileeW.C. Varoneshttp://www.blogger.com/profile/17663570682958847976noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-9619963.post-49360290915895703802010-03-26T07:38:34.924-07:002010-03-26T07:38:34.924-07:00Eventually, I think that it will be a plan of debt...Eventually, I think that it will be a plan of debt forgiveness. We seem to be on the the cusp of that process now. When (or if) it happens on a large scale, bond prices will go down and yields will go up. Interest rates will then follow. How fast is beyond my knowledge - if I could get the timing thing down I would be a much more wealthy man. Bond buyers and traders will then have to price in prepayment risk, default risk AND for the first time as far as I know, government intervention risk.<br /><br />JeffAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9619963.post-53414893091237023112010-03-21T23:01:55.205-07:002010-03-21T23:01:55.205-07:00I have been beating the drum about this very issue...I have been beating the drum about this very issue for awhile now. You can see the detailed plan worked out here:<br /><br />Cancelourdebt.blogspot.com<br /><br />I welcome any feedback.Jubileehttp://cancelourdebt.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-9619963.post-12066368434565968962010-03-18T10:24:09.142-07:002010-03-18T10:24:09.142-07:00Glad to see you're thinking about this WC. Of...Glad to see you're thinking about this WC. Of course, at the individual level there really isn't much difference between a jubilee and inflation done the "right" way. <br /><br />http://angryfutureexpat.wordpress.com/2010/02/18/imf-calls-for-inflation-i-say-about-fucking-time-assholes/<br /><br />http://angryfutureexpat.wordpress.com/2010/03/17/omfg-we-r-all-going-2-die/<br /><br />I don't see how it can happen politically, but at least it's worth getting out there.angryfutureexpathttp://angryfutureexpat.wordpress.comnoreply@blogger.comtag:blogger.com,1999:blog-9619963.post-90417475096039181132010-03-18T09:24:20.463-07:002010-03-18T09:24:20.463-07:00Makes a hell of a lot more sense than anything &qu...Makes a hell of a lot more sense than anything "economists" are tossing around!SarahBhttps://www.blogger.com/profile/10201948440490000538noreply@blogger.comtag:blogger.com,1999:blog-9619963.post-44646831136446624152010-03-18T08:16:08.167-07:002010-03-18T08:16:08.167-07:00Love this! There is wisdom in the words of the de...Love this! There is wisdom in the words of the dead and long departed but you have to really listen to hear them.<br /><br />JeffAnonymousnoreply@blogger.com