There is NO post, where I said anything resembling anything like, "The Fed buys bonds every time they want to boost the money supply. According to nic they get the money to do that out of the general tax fund," AS YOUR BUDDY CLAIMED.
There is NO POST where I ever spoke to the Fed buying bonds.
There is NO post to where I ever stated that the Fed buys bonds to boost the money supply.
There is NO post where I ever stated from where the Fed gets the money to boost the supply of money.
And there is NO post where I ever made any statement concerning the general tax fund.
Face it.....he LIED and you're defending him for doing so.
I’m growing weary of you. Why don’t you run back to DU and find someone to hold your hand?
Oh yes you did. You called it a taxpayer bailout. If the BSC deal was a taxpayer bailout you never explained how. One can only surmise from your tacit assumption that you must think all Fed actions are paid for by the taxpayer.
I can't wait until the Fed drains money so we'll get some back. LOL.