Replies

To: Mad Dawgg

Any time a government bond is issued money is created.

Yes, but someone has to buy the bond.

Frequently, that "someone" is the Fed.

59 posted on 06/27/2015 6:11:09 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)

To: DuncanWaring

when compared to all the other bond buyers and all the loans issued it is very infrequent.

Fractional Reserve Banking creates far more money than the FED does.

60 posted on 06/27/2015 6:20:42 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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