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re: Fed balance sheet - a question
Posted on 8/17/10 at 6:33 pm to LSURussian
Posted on 8/17/10 at 6:33 pm to LSURussian
quote:
The word "issue" as you used it in earlier posts in this thread is totally different from the way the word is used in the link you provided.
OKaay!!!!
Care to show me where in the law it states that the Treasury "issues dollars" as you claim?
quote:
Most of the money supply is created through the fractional reserve process. And no way am I going to try and explain that to you....
You don't have to genius, I understand it quite well, its just not that complicated. And its good for you, too, because you're probably not even capable of explaining it, at least not without letting on that you are superior to everyone.
quote:
Good luck to you in your quest to expand your financial knowledge.
Good luck to you in your quest to impress everyone!
This post was edited on 8/17/10 at 6:37 pm
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