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Politics : The Obama - Clinton Disaster

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To: Wayners who wrote (8514)3/6/2009 1:19:15 AM
From: DuckTapeSunroof  Read Replies (1) of 103300
 
These links might give a better explanation of how sterilization works (and what the advantages, and of course, disadvantages of it are):

en.wikipedia.org

en.wikipedia.org

That last question of yours: (what exactly does the Treasury do with those dollars, whether they are actual paper dollars or electronic blips on a screen, that they take in after selling new-issue bonds?) seems a good deal more complicated then my tired old brain can handle tonight (do they loan it to the Fed? To other federal agencies? It seems that about 1/2 of the entire federal debt is 'held' by other agencies of our own government... so the answer gets more complicated.)

Maybe these can help for now. (And let me know what you come up with):

en.wikipedia.org

en.wikipedia.org

en.wikipedia.org
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