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To: AndyJackson
Prove the Fed created $2 trillion more cash.

I will take the published statistics of the Federal Reserve for it. You apparently believe that it is all a fiction.

This chart you posted does not show that the Fed created the "2 Trillion blip up on the tail of the cart from oh about the middle of 2007 through to the present moment"

The only way the Fed can create money is by adding securities to their balance sheet. How much did they add since oh about the middle of 2007 through to the present moment?

You apparently believe that it is all a fiction.

Yes, your supposed understanding is all a fiction.

See, the thing about money with zero maturity is that it can increase without any action by the Fed. My CD matured, some of my money moved from M2 (time deposits) to M0.

Glad I could help.

70 posted on 04/29/2008 1:59:04 PM PDT by Toddsterpatriot (Why are doom and gloomers, union members and liberals so bad at math?)
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To: Toddsterpatriot
The only way the Fed can create money is by adding securities to their balance sheet.

BFS!

71 posted on 04/29/2008 2:34:36 PM PDT by AndyJackson
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To: Toddsterpatriot
My CD matured, some of my money moved from M2 (time deposits) to M0.

BS you dumb twit. When your CD matured, the bank that owed the money had to take some of its own M0 to pay off your M2 and turn your M2 into and M0. Total M0 is unchanged.

Zero sum, my smug ignorant little tikester.

72 posted on 04/29/2008 2:38:15 PM PDT by AndyJackson
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To: Toddsterpatriot

Also, my little tikester, I don’t think you understand what your graph actually shows. Hint: it does not near term money in circulation.


73 posted on 04/29/2008 2:43:32 PM PDT by AndyJackson
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