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To: Toddsterpatriot

The fed using deposited reserves to buy assets just like its member banks. It does not have capital of 2.5+ trillion. I’m not changing the subject. You are just wrong and think they can print their way out of any problem. If it was that simple they’d have done that with BSC, Leh, etc and we’d still be riding around 14k on the DOW.


99 posted on 01/27/2009 7:48:37 PM PST by rb22982
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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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