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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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To: PIF
And yes new money is physical.

So you believe the government bangs out paper dollars on the printing press, then runs around spending them? They haven't done that since the Lincoln administration. What would be the point? It would all just ends up on bank ledgers anyway.

The Fed creates new money through various means, all of which have the effect of increasing the lending authority of banks. The new money comes into the economy as loans. Have you ever borrowed money from a bank and had them hand you cash?

46 posted on 02/06/2016 12:08:14 PM PST by SeeSharp
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