Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: freedomfiter2
What did the US do before the Fed?

Mostly suffered from depressions every 20 years.

Spending money into existence is no more inflationary than what we have now and it eliminates debt.

When the Fed's bond holdings mature, they can shrink the money supply by not rolling them over. They could also sell their bonds to fight inflation. How would the Treasury do that if they issued money?

91 posted on 12/16/2013 6:49:45 AM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
[ Post Reply | Private Reply | To 86 | View Replies ]


To: Toddsterpatriot

Not spending as much as the government takes in would shrink the supply.


130 posted on 12/16/2013 3:12:57 PM PST by freedomfiter2 (Brutal acts of commission and yawning acts of omission both strengthen the hand of the devil.)
[ Post Reply | Private Reply | To 91 | View Replies ]

To: Toddsterpatriot

You do realize that the definition for depression is meaningless in an inflationary economy? You can have positive growth in dollars while having a negative real output. The Fed is running a con game not working miracles.


131 posted on 12/16/2013 3:18:44 PM PST by freedomfiter2 (Brutal acts of commission and yawning acts of omission both strengthen the hand of the devil.)
[ Post Reply | Private Reply | To 91 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson