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Politics : Ask Michael Burke

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To: JF Quinnelly who wrote (60442)5/24/1999 9:34:00 AM
From: Freedom Fighter  Read Replies (2) of 132070
 
JFQ,

>>The amount of money that the government prints won't affect much, currency being the smallest fraction of the money supply.<<

Just for clarity, I suspect that when people are talking about printing money they are not talking about it in the literal sense of the word. They are talking about Fed actions, reserves, and lending.

Wayne
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