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To:
Toddsterpatriot
Ok, I’ll bite. Tell me how the Fed “creates money.”
94
posted on
02/17/2009 8:43:07 PM PST
by
Norman Bates
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To:
Norman Bates
They buy securities from a Primary Dealer.
Credit the dealer's account at the Fed.
95
posted on
02/17/2009 8:47:11 PM PST
by
Toddsterpatriot
(Havoc has been back since September. Or was it April?)
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