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To: Technogeeb
Dollars are not created by Treasury auctions.

This can be true.

Please explain when it's not true.

47 posted on 07/27/2009 8:52:57 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Toddsterpatriot
Please explain when it's not true.

The simple answer is when the Fed buys them, but the issue is quite a bit more complex than that (as I've already mentioned before in this topic, I would suggest you search the web to find appropriate books and videos that describe the Fed's role, because it is more than can be adequately described in a short post).

48 posted on 07/27/2009 9:09:48 PM PDT by Technogeeb (The only good Russian is a dead Russian. Rest in Peace, Solzhenitsyn.)
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