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To: Technogeeb; 10Ring
I'll have to translate your post:

This is a subject that gets somewhat complex;

It's complicated and I'm in over my head.

I apologize for assuming a certain level of audience knowledge about how the Fed and the Treasury works, and how dollars are (supposed to be) created.

I thought I could BS my way through the topic.

I could attempt to explain, but in all honesty any short description would leave out important (relevant) details.

I just realized that you caught my BS, so I'm going to run away, before I say any more stupid things on this thread.

I would suggest searching the web to find appropriate books and videos that describe the Fed's role in creating money in collaboration with the Treasury Department (or at least, how the process is supposed to work), which can no doubt do a better job at describing the process than any short post here could.

Maybe if you look for your own info, I'll be able to pretend I knew what I was talking about.

128 posted on 08/02/2009 3:49:08 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Toddsterpatriot
It's complicated and I'm in over my head.

No, I simply gave you the benefit of the doubt that your questions were genuine rather than an attempt at trolling. You asked some very ignorant questions, and any valid answers to those questions are more than can be covered in a short post.

The sad thing is that you still don't grasp the connection between M3 and the Fed buying treasuries. Or perhaps that is just an attempt to continue your trolling.

131 posted on 08/04/2009 12:59:22 AM PDT by Technogeeb (The only good Russian is a dead Russian. Rest in Peace, Solzhenitsyn.)
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