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A question about national debt

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posted on Sep, 1 2010 @ 07:12 PM
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I have an honest question that I cannot find an answer too on the internet, without running into blogs, posts, etc. My question is: If , in a perfect world, the U.S. borrows say 1 billion form China (and theoretically we owed them nothing, essentially a blank slate). When we made the billion plus that was required under the contract, HOW is it actually transferred? Is it electronic, bullion, bonds? I honestly do not know I am asking out of true ignorance.




posted on Sep, 3 2010 @ 02:17 PM
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No one? Bueller? Bueller?



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