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<p>[QUOTE=&quot;Cloudsweeper99, post: 1177496, member: 3011&quot;]No, I&#039;m completely disagreeing.&nbsp; If a person &quot;took delivery&quot; [whatever that means] of a debt in cash, it would necessitate another investor buying it from him.&nbsp; No cash is created or destroyed in this transaction, only transferred.&nbsp; What you are missing is that there isn&#039;t $1 of currency in existence for every $1 of asset value.&nbsp; When a company sells stock on the NYSE, the Fed doesn&#039;t create money so it can be sold.&nbsp; When a contractor builds a house, the Fed doesn&#039;t print money so someone can buy it.&nbsp; Assets are DENOMINATED in USD because that is our currency, but it doesn&#039;t mean there should be enough currency in circulation at all times for everyone to liquidate all of their assets.&nbsp; And when you think about it, it would be impossible anyway.&nbsp; How do you liquidate stocks without selling them to someone else?&nbsp; Or cash?&nbsp; Or land?&nbsp; Or bonds?&nbsp; It can&#039;t be done.&nbsp; US Treasuries are non-callable and can&#039;t be liquidated on demand.&nbsp; I don&#039;t think you understand how money works.&nbsp; Even under the gold system, there isn&#039;t $1 in bullion for every $1 in assets in existence, and there doesn&#039;t need to be.[/QUOTE]</p><p><br /></p>

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