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To: Lurker
From whence comes the XX,XXX,XXX dollars the Federal Reserve 'added' to the Bank of Hooterville's balance sheet?

The Fed changes the numbers on the spreadsheet. Sorry I can't dumb it down any further for you.

142 posted on 01/27/2009 8:58:58 PM PST by Toddsterpatriot (Havoc has been back since September. Or was it April?)
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To: Toddsterpatriot
The Fed changes the numbers on the spreadsheet.

So they just create the 'money' out of thin then.

I hope you can run really, really fast, boy.

I hear that tar and feathers, properly applied, are very painful.

L

143 posted on 01/27/2009 9:03:45 PM PST by Lurker ("America is at that awkward stage. " Claire Wolfe, call your office.)
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To: Toddsterpatriot

So why doesn’t the Fed put even bigger numbers into the spreadsheet and send everyone One! Million! Dollars!?


145 posted on 01/27/2009 9:03:56 PM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Toddsterpatriot
Oh. I see you're from Illinois, AND a fan of Todd Rundgren.

That explains a lot.

An awful lot.

L

149 posted on 01/27/2009 9:08:38 PM PST by Lurker ("America is at that awkward stage. " Claire Wolfe, call your office.)
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