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To: palmer

The government printed up cash to buy securities.

How do you think they expand the money supply?

51 posted on 03/29/2008 4:04:01 PM PDT by Toddsterpatriot (NAFTA opponents are an odd coalition of the no-deodorant Left and the toothless-and-tinfoil right.)

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To: Toddsterpatriot

AFAIK, they never printed cash to buy up debt before.

55 posted on 03/29/2008 4:06:46 PM PDT by palmer

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