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To: rb22982
The fed using deposited reserves to buy assets just like its member banks.

Yes they do. They can also buy assets with new money, created out of thin air.

It does not have capital of 2.5+ trillion.

And it doesn't have deposited reserves of 2.5 trillion either.

You are just wrong and think they can print their way out of any problem.

Where did I ever claim that?

101 posted on 01/27/2009 7:53:58 PM PST by Toddsterpatriot (Havoc has been back since September. Or was it April?)
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To: Toddsterpatriot

I don’t even know why I bother—You are just a pump cheerleader. Done wasting my time. Stay in long! We’ll see how well the Fed does with QE.


105 posted on 01/27/2009 8:02:02 PM PST by rb22982
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