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Strategies & Market Trends : The coming US dollar crisis
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To: Giordano Bruno who wrote (38791)6/1/2011 10:04:15 AM
From: Real Man  Read Replies (1) of 71476
 
No, because Ben does not write a blank check to the
government. That action would reduce the deficit, but he is
restricted from doing so by the Federal reserve act.
If the govt. has a budget deficit, it has to finance it.
Fed ensures there are buyers. -g-
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