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To: gwjack

If the Feds run short on cash, the Federal Reserve just prints them more.

Literally (well, digitally “prints”).

I jest not.


50 posted on 06/27/2015 5:08:13 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: DuncanWaring
"If the Feds run short on cash, the Federal Reserve just prints them more. Literally (well, digitally “prints”)."

Actually most money is created without the FED doing anything.

Anytime a loan is issued (bank loan, Mastercard charge, auto loan etc.) digital money is created. Any time a government bond is issued money is created. And so on.

52 posted on 06/27/2015 5:12:54 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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