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To: skimbell; PIF
You're both wrong. New money is created the same way it has always been created since the Federal Reserve was founded. They create it through he credit markets by increasing the lending authority of banks.

No one is talking about physical dollar bills. Less than 0.6 percent of the dollars in existence are anything but numbers in bank ledgers.

New money is generated through export of things made

What?

43 posted on 02/06/2016 10:37:50 AM PST by SeeSharp
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To: SeeSharp

Well that’s how it used to be created before ... who ever gave you that distorted definition is flat out wrong. And yes new money is physical.

If you do not understand then you will forever reap the benefits of a weak and failing economy


44 posted on 02/06/2016 10:42:53 AM PST by PIF (They came for me and mine ... now it is your turn ...)
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