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Politics : The Obama - Clinton Disaster
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To: DuckTapeSunroof who wrote (25852)2/8/2010 1:11:54 PM
From: Wayners  Read Replies (1) of 103300
 
Look we all know the Treasury/Mint actually prints the money that the Fed orders from them. Most of money is created via computer entries and the Fed can do that themselves and then they loan the electronic digits out. They also use those electronic digits to buy Treasuries at auction. My point is there are not real people out there with money buying the bulk of Treasuries. It's a fraud. In a sense we are all being forced to buy Treasuries through an inflation tax. I say F that!
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