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To: GIdget2004

For at least 5 or 6 years has been printing [probably still going on, the Fed/Treasury had been pumping in about $85 billion/MONTH into mortgage backed securities (stock market) and buying T-Bills (legitimizing debt created by uncontrolled and unlimited spending by Congress)].

One Trillion + per year! Debt. They printed it (created out of electronic bits backed by false promises) and devalued our futures.


8 posted on 05/09/2016 6:20:07 AM PDT by Gaffer
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To: Gaffer

“One Trillion + per year! Debt.”

Printed money is not debt. It actually reduces debt. If I owe you $100 and I print a $100 bill to pay you back, my debt is gone.


115 posted on 05/09/2016 8:05:29 AM PDT by aquila48
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