Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (76962)	3/27/2008 6:50:08 PM
From: Bill/WA	Read Replies (4) of 116555

Mish, the Fed & not printing I can't seem to get my layman's head around this subject. Some articles state that the Fed has a budget. Does that mean they have limited resources? And yet, Ben has stated in the past that they have the printing press. My impression is that "if" they print/inject dollars into the system they have to trade those dollars "for" something, and thus not "creating" dollars. Is this kinda correct? OT, are you still taking pictures? Bill

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