Us Shut Down

[Anta Assamey]

[quote name='bio' timestamp='1381859899' post='1304418232']

endo confusing ga undi, naku konchem ardhamaina part entante, us lo fiat currency run avutondi, which means that the currency is an asset by itself being on the paper its being printed. usd ki international level lo floating ekkuva undi, so veellu ah scracity basis meeda dollars print cheskovocchu. Also if one considers usd as a commodity, scarcity vunnantha varaku veellu printing eskovocchu(what narsayya told seems to be true), over printing ayyindante currency value diminish avutundi.

anyways more disco welcome
[/quote]

You are right... But that not the whole story...narasaya inka cheptadu... he is better in it..

[bio]

[quote name='Brahmanandam_AFDB' timestamp='1381860289' post='1304418284']

You are right... But that not the whole story...narasaya inka cheptadu... he is better in it..
[/quote]

agreed, narsayya bhaiyya can u shed sum light.

[Vaampire]

[quote name='bio' timestamp='1381859017' post='1304418138']

so bhaiyya nuvvu cheppedi, money leka shut down kaadu, but just both senators n congress ppl r not coming together anduke shut down antaavu anthenaa??
[/quote]
us paiki pataram lona lotaram type. us just projected as a rich country. kaani fact endi antey pedha bikhari desham. every year budget pass avvaganey velli china mundu vongoni paisal appu thechukuntaru. e year budget pass avvaledhu. so still ink china mundu vongoledhu. so no paisa now

[Kottukusaavandi_01]

[quote name='Vaampire' timestamp='1381860635' post='1304418333']
us paiki pataram lona lotaram type. us just projected as a rich country. kaani fact endi antey pedha bikhari desham. every year budget pass avvaganey velli china mundu vongoni paisal appu thechukuntaru. e year budget pass avvaledhu. so still ink china mundu vongoledhu. so no paisa now
[/quote]

bio adigina daaniki answer idhi kaadu anukunta maayaa....

Budget approve avvanidhi republicans oppukokapovadam vallanaa leka dabbulu lekapovadam vallanaa...?

[Vaampire]

[quote name='Kottukusaavandi_01' timestamp='1381860807' post='1304418355']

bio adigina daaniki answer idhi kaadu anukunta maayaa....

Budget approve avvanidhi republicans oppukokapovadam vallanaa leka dabbulu lekapovadam vallanaa...?
[/quote]
us daggara eppudu dabbulu undavu bhayya. they depend a lot on loans from other countries. budget kooda a loan ni drustilo pettukoney chestharu. ee year aa loan amount increase cheyyadaniki try chesaru anukunta. and also obama care lo konni clauses ki republicans against. so for both these reasons republicans against unnaru budget ki.

budget approve avvakapothey fiscal year start cheyyaleru. andukey shut down

[narsayya]

[quote name='Kottukusaavandi_01' timestamp='1381860807' post='1304418355']

bio adigina daaniki answer idhi kaadu anukunta maayaa....

Budget approve avvanidhi republicans oppukokapovadam vallanaa leka dabbulu lekapovadam vallanaa...?
[/quote]

republicans oppokokapovadam valla, they are not able to agree to a budget deal.. which means they don't have any legal liability to pay for non-essential services..

so govt shutdown. no one wants to pay when they don't have to.

[sheldoncooper]

[quote name='bio' timestamp='1381859365' post='1304418166']

bhaiyya, i think u r right, mari US currency ki back up enti??
[/quote]

vallaku back up emi vundadu. US currency ni Derivative trading antaru. Mana currency paina governor promise chestadu "I promise the bearer etc etc" dollor bill ni chudu vadu munde cheptadu deeniki nenu em guarentee ivvalenu ani ... so fed entha kavalante antha print cheskovachu ...

[narsayya]

[quote name='Kottukusaavandi_01' timestamp='1381860807' post='1304418355']

bio adigina daaniki answer idhi kaadu anukunta maayaa....

Budget approve avvanidhi republicans oppukokapovadam vallanaa leka dabbulu lekapovadam vallanaa...?
[/quote]

republicans oppokokapovadam valla, they are not able to agree to a budget deal.. which means they don't have any legal liability to pay for non-essential services this year..

so govt shutdown. no one wants to pay when they don't have to.

[narsayya]

[quote name='Vaampire' timestamp='1381860635' post='1304418333']
us paiki pataram lona lotaram type. us just projected as a rich country. kaani fact endi antey pedha bikhari desham. every year budget pass avvaganey velli china mundu vongoni paisal appu thechukuntaru. e year budget pass avvaledhu. so still ink china mundu vongoledhu. so no paisa now
[/quote]

it is china which voluntarily buys US bonds. US doesn't have to bow before anyone for money. It owns its currency and can print based on its requirements.

China is immaterial to this whole equation. where else will china invest its money.. No other country provides the kind of huge investment for their excess trade money than US doees.

[bio]

[quote name='Vaampire' timestamp='1381861005' post='1304418380']
us daggara eppudu dabbulu undavu bhayya. they depend a lot on loans from other countries. budget kooda a loan ni drustilo pettukoney chestharu. ee year aa loan amount increase cheyyadaniki try chesaru anukunta. and also obama care lo konni clauses ki republicans against. so for both these reasons republicans against unnaru budget ki.

budget approve avvakapothey fiscal year start cheyyaleru. andukey shut down
[/quote]

2009 lo china 3 trils icchindi annantha varaku telusu, but every year alane untadaa situation?? US lo budget approval ki china nundi loans tecchukotam enti?? elaborate please

[Picha lite]

Narasayya cheppindi vinandi raa ayyaaa, Pandi poyi unnadu ilanti vatillo...

[bio]

[quote name='narsayya' timestamp='1381861344' post='1304418440']

it is china which voluntarily buys US bonds. [b]US doesn't have to bow before anyone for money. It owns its currency and can print based on its requirements.[/b]

China is immaterial to this whole equation. where else will china invest its money.. No other country provides the kind of huge investment for their excess trade money than US doees.
[/quote]

ok bhaiyya if thats the case, then what makes us not to print the currency n clear off the so called 70 trillion dollar public debt??, whats with holding the country from doing so?? please explain

[bio]

[quote name='Picha lite' timestamp='1381861400' post='1304418454']
Narasayya cheppindi vinandi raa ayyaaa, Pandi poyi unnadu ilanti vatillo...
[/quote]

vintunnam bhaiyya, but askin more questions so as to gain knowledge in these issues thats it. [size=4] [/size]

[Kottukusaavandi_01]

[quote name='narsayya' timestamp='1381861269' post='1304418426']
republicans oppokokapovadam valla, they are not able to agree to a budget deal.. which means they don't have any legal liability to pay for non-essential services this year..

so govt shutdown. no one wants to pay when they don't have to.
[/quote]
[quote name='Vaampire' timestamp='1381861005' post='1304418380']
us daggara eppudu dabbulu undavu bhayya. they depend a lot on loans from other countries. budget kooda a loan ni drustilo pettukoney chestharu. ee year aa loan amount increase cheyyadaniki try chesaru anukunta. and also obama care lo konni clauses ki republicans against. so for both these reasons republicans against unnaru budget ki.

budget approve avvakapothey fiscal year start cheyyaleru. andukey shut down
[/quote]

Thanks...

Two more questions....

1. Ippudu critical Fed employees ki sal ekkada nunchi isthunnaru...?
2. Deal set kakapothey Default antunnaru kada..what does that mean..? what could be the consequences...? I know default means violating the debt agreement... US govt is responsible for whom..? for the countries they owe money to..?

[narsayya]

[quote name='bio' timestamp='1381861558' post='1304418491']

ok bhaiyya if thats the case, then what makes us not to print the currency n clear off the so called 70 trillion dollar public debt??, whats with holding the country from doing so?? please explain
[/quote]

public debt is $17 trillion undachu..

inka credit card, corporate debts anni add chesthe $70trillion ravachu..

most of the debt is held by social security fund, pension funds, some of it by china, japan, saudi..

recently a lot of debt is held by federal reserve itself.

it means that federal reserve prints the dollar, and buys govt bonds with it.. and gets interest on it every year from the govt. This is somewhat strange, but mostly designed to keep politcal interference into monetary policy to the minimum