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re: Fed balance sheet - a question

Posted on 8/17/10 at 4:36 pm to
Posted by RaysGoodLiquor
Deep Dark Dirty
Member since Aug 2010
297 posts
Posted on 8/17/10 at 4:36 pm to
quote:

Wrong about what? The Fed doesn't print "newly issued dollars."


I never said the fed printed anything.


quote:

" That is a function of the Treasury Department.


Oh really? The treasury prints currency? Wow, I didn't know that. Obviously only someone as brilliant as yourself could possibly comprehend it. What a genius you are!


quote:

Maybe you also need to research the meaning of money supply so that you can ask questions using the appropriate terminology.



Maybe you should read things before you reply to them, because I never said the fed printed anything.
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