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To: April Lexington
And where do they get the dollars???

Do you know how Fed wire transfers work?

76 posted on 01/27/2009 4:11:59 PM PST by Toddsterpatriot (Havoc has been back since September. Or was it April?)
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To: Toddsterpatriot

How do Fed wire transfers work?

You put money in at one end, it comes out the other.

That’s like responding to a question of “Where does food come from?” by asking “Do you understand trucks?”.

Where does the money come from to “put in at one end”?

Considering the nonsensical answers you’re cranking out here, you must have an MBA.


132 posted on 01/27/2009 8:41:06 PM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Toddsterpatriot

Will no one rid me of this burdensome economist?


193 posted on 01/28/2009 9:50:25 PM PST by April Lexington (Study the constitution so you know what they are taking away!)
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To: Toddsterpatriot
Do you know how Fed wire transfers work?

And what, pray tell, are they transferring with these wire transfers?

194 posted on 01/28/2009 9:51:43 PM PST by April Lexington (Study the constitution so you know what they are taking away!)
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To: Toddsterpatriot
You could be helpful to this forum's audience if you would explain from the very, very beginning how money is created by the Fed. Explain how the Fed issues currency (in electronic and paper form) to buy bonds and how that action influences the money supply. Let ‘er rip, cowboy. We are all waiting to hear how much you actually know...
195 posted on 01/28/2009 9:54:43 PM PST by April Lexington (Study the constitution so you know what they are taking away!)
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