tag:blogger.com,1999:blog-7857986220109964085.post2276482844083333149..comments2023-10-13T19:42:07.764-07:00Comments on Spherical Model: Global Money Supply and DebtSpherical Modelhttp://www.blogger.com/profile/03075073544063199778noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7857986220109964085.post-22376706517027121582011-07-12T10:35:02.856-07:002011-07-12T10:35:02.856-07:00Horatio, Yes by all means pass the info along. I&#...Horatio, Yes by all means pass the info along. I'll attempt to address some of your comments about debt in my next blog.Spherical Modelhttps://www.blogger.com/profile/03075073544063199778noreply@blogger.comtag:blogger.com,1999:blog-7857986220109964085.post-58680964957707108922011-07-11T20:47:31.868-07:002011-07-11T20:47:31.868-07:00That was a very concise and understandable explana...That was a very concise and understandable explanation. If you don't mind I will pass that on to those on my mailing list. By the way, you mention that the US total debt is about $14 trillion dolllars; that $14.3 trillion is arbitrary. doesn't the government derive that number by using the annual debt and arbitrarily taking it out ten years? ie, 10 x 1.4 = 14 trillion. <br /><br />But there is no logical reason to stop at ten years is there? Mortgages routinely run out to 30 years and when one looks at their indebtedness they include the entire value of their mortgage, not just ten years worth. Yes, I know that we consider only the current value but if we pay the house out over the 30 years we owe the 30 years worth. How about the social security obligations? Those are open ended aren't they. Many people will live beyond the 10 year time frame and we are obligated to pay thse out for their lifetime. In fact, some people will collect SSI for more than 30 years. We don't account for the government's debt beyond ten years and knowing the congress like I do there must be a disingenious reason.Anonymousnoreply@blogger.com