Replies

To: Toddsterpatriot

yours and mine maybe - but Joe average is in debt. Interest Bearing Bank accounts on the other hand don’t contribute much to V in MV=PQ.

203 posted on 01/30/2009 7:25:06 AM PST by Rummenigge (there are people willing to blow out the light because it casts a shadow)

To: Rummenigge

Interest Bearing Bank accounts on the other hand don’t contribute much to V in MV=PQ.

Never said they did. My original point to a very confused Freeper upthread was that Fed purchases add new money to the system. And they do.

204 posted on 01/30/2009 7:27:37 AM PST by Toddsterpatriot (Havoc has been back since September. Or was it April?)

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