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To: Grzegorz 246

Do you know what the US Federal debt is, that $17 trillion thingy ?

The Federal Reserve Bank creates money.

The US Treasury does not.

The US Treasury borrows by issuing bonds.

As a country we can’t print money.

The Federal Reserve can.

But the US government is not the Federal Reserve.


10 posted on 04/19/2014 1:55:36 PM PDT by PieterCasparzen (We have to fix things ourselves)
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To: PieterCasparzen

It seems you think I’m a village idiot and I think the same about you. That’s why we have problems with communication.


11 posted on 04/20/2014 2:10:15 PM PDT by Grzegorz 246
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