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To: CanadianFella
You never printed money???? Printing money is illegal?????

Did you ever write a check?

Do corporations issue common stock????

What makes the 'money supply' increase?

19 posted on 06/19/2003 10:24:18 AM PDT by A Vast RightWing Conspirator
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To: A Vast RightWing Conspirator
You never printed money???? Printing money is illegal?????

Yes, it's known as "counterfeiting" in the criminal code.

Did you ever write a check?

Checks transfer money from one account to another, the money supply stays the same.

Do corporations issue common stock????

people exchange existing money for company stock. money supply is invariant

What makes the 'money supply' increase?

the fractional reserve system and debt monetization.

28 posted on 06/19/2003 10:58:48 AM PDT by CanadianFella
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