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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Bobby Yellin who wrote (46512)	1/1/2000 4:09:00 PM
From: PaulM	Read Replies (1) \| Respond to of 116766

US Y2k Money Stash to Be Used in 2000 biz.yahoo.com It often seems that very few people--even very few economists--understand money. I don't think the Fed Reserve can "print" any money. That function--which is just an implementational formality--is done by a part of the Treasury (the Bureau of engraving I think). What the Fed can do is create the obligation in the first place. That does matter and inevitably will lead to inflation. I wonder whether anyone will ever press Alan Greenspan on why the Fed found to necessary to add $10 bill a day to banking reserves in the days leading up to Y2k?