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A line item the equivalent of the u. S. Military budget so when krugman says its only money we owe ourselves hes wrong of course the United States Federal Reserve bank cannot create assets they cannot create treasuries that is up to the u. S. Treasury the congress to create treasuries so they cannot if youre if were looking to this guy were looking to jay power droom pal yes i have 2 names so everybody gets confused right if you were looking for him to you know basically stop fog all he could do is flog a dead horse hes a Monetary Policy guy hes not a fiscal policy guy theres nothing he can do to change the situation that the horse is dead its only you know you have to keep the horse from dying what in the treasury is debt its a its a short term loan its a 30 day loan or a one day loan its still debt if you look at your dollar bill it says a Federal Reserve note note if you look that up in the best pedia itll tell you its debt debt is a note right there not creating this stunt has noth

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