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To: SeekAndFind

Doesn’t “banks lending to the govt” equate basically to the “govt lending to the govt”?


2 posted on 10/29/2010 7:57:36 AM PDT by C210N (0bama, Making the world safe for Marxism)
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To: C210N
The banks borrow "money" (green paper/wet ink) from the FED at almost ZERO interest.

Then they use that money to buy US Treasuries paying much higher interest rates.


3 posted on 10/29/2010 8:22:44 AM PDT by Iron Munro (This is our culture; fight for it. This is our flag; pick it up. This is our country; take it back.)
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