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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: puborectalis who wrote (10759)10/14/2001 10:55:47 PM
From: KyrosL  Read Replies (1) of 74559
 
Let's see now: the Treasury sells bills and uses the money to buy bonds. Then the Fed prints money and buys the bills to keep short term rates low. Why not shortcut the whole process and have the Fed print money and give it to the Treasury without the inconvenience of issuing bills. This way, money printing productivity will go way up.

Kyros
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