tag:blogger.com,1999:blog-8914063486189106024.post4237645432082378489..comments2022-12-05T01:49:09.035-05:00Comments on The Rollins Financial Blog: This is NOT a Bailout!!Rollins Financial Advisors, LLChttp://www.blogger.com/profile/02086309052329953428noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8914063486189106024.post-35220013087843494232008-09-24T14:31:00.000-04:002008-09-24T14:31:00.000-04:00Allen,Thanks for the questions.The U.S. will sell ...Allen,<BR/><BR/>Thanks for the questions.<BR/><BR/>The U.S. will sell new government bonds, and use the money to buy the bonds from the banks.<BR/> <BR/>The interest is paid to the holders of the bonds, usually the general public or central governments from around the world.<BR/><BR/>The bonds from the U.S. Government are the most stable in the world, and they have never defaulted. For this reason, individuals and foreign nations want to invest in U.S. bonds.<BR/><BR/>Thanks again.Rollins Financial Advisors, LLChttps://www.blogger.com/profile/02086309052329953428noreply@blogger.comtag:blogger.com,1999:blog-8914063486189106024.post-20307974863337217642008-09-24T11:07:00.000-04:002008-09-24T11:07:00.000-04:00I know this has to be an economic 101 question but...I know this has to be an economic 101 question but since the government runs on a deficit who do they borrow the 700 billion from and pay the interest to, Warren Buffet?Allen Davidsonhttps://www.blogger.com/profile/12082395885571818205noreply@blogger.com