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To: Toddsterpatriot; Petronski; nicmarlo
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. Right nic? I don't believe we ever heard your explanation about the mechanics of that.

89 posted on 03/29/2008 4:50:36 PM PDT by groanup (After 20 years someone finally made money in gold. Now it's "I told you so".)
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To: groanup; nicmarlo
According to nic they get the money to do that out of the general tax fund.

No, they have the Treasury print up FRNs.

92 posted on 03/29/2008 4:53:41 PM PDT by palmer
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To: groanup
He won't explain anything. I'm sure he'll post a dozen quotes from somebody else to cloud the issue.
93 posted on 03/29/2008 4:54:07 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: groanup
According to nic they get the money to do that out of the general tax fund. Right nic? I don't believe we ever heard your explanation about the mechanics of that.

Cite the post, and reprint it in its entirety, right here on this thread. You won't find it, because I never said that.

97 posted on 03/29/2008 4:58:18 PM PDT by nicmarlo
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To: groanup

When you run out of material that can discredit the facts, you just outright lie, don’t you?

Pathetic.


98 posted on 03/29/2008 5:00:02 PM PDT by nicmarlo
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