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re: How does the U.S. control the value of dollar by soaking up drug trade money?
Posted on 12/13/16 at 10:38 am to LSURussian
Posted on 12/13/16 at 10:38 am to LSURussian
quote:
Buying something, including drugs, does not remove dollars from circulation.
Selling drugs and sitting on the cash effectively does, though.
1
Posted on 12/13/16 at 10:42 am to HempHead
quote:
By controlling M1 supply.
quote:Those dollars are still included in the M1 calculation, contrary to your quote above.
Selling drugs and sitting on the cash effectively does, though.
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