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To: Kenneth V. McNutt who wrote (104931)	9/17/2001 5:23:11 PM
From: Kent Rattey	Read Replies (1) \| Respond to of 152472

Mercantilism is dead here in the US and most of the world. They simply print it. It is distributed through the Federal Reserve which loans it cheaply to financial institutions, buys foreign currency, floats treasuries etc. It goes from the banks into the economy.

To: Kenneth V. McNutt who wrote (104931)	9/17/2001 5:40:49 PM
From: puzzlecraft	Respond to of 152472

The Federal Reserve gets its money by having "Federal Reserve Notes" printed by the Treasury (as printed on your greenbacks). The money is injected into the system by the Fed when it buys Government Bonds and Notes on the open market. The money at this stage is electronic (e.g. via FedWire), actual Federal Reserve Notes are printed as needed. The sellers of the Bonds and Notes are normally Banks, who can then lend the money (at a new, lower interest rate in this case) to corporations and smaller banks, increasing the money supply. The NY Fed is the one Fed Bank that does FOMC activity. See ny.frb.org

To: Kenneth V. McNutt who wrote (104931)	9/19/2001 1:20:41 PM
From: Kenneth V. McNutt	Respond to of 152472

This may be of interest. K <<--------- copy from here --------- + Dear Friends, I have just read and signed the online petition: "Congressional Gold Medal for the Heroes of United Flight 93" hosted on the web by PetitionOnline.com, the free online petition service, at: petitiononline.com I personally agree with what this petition says, and I think you might agree, too. If you can spare a moment, please take a look, and consider signing yourself. Best wishes, Kenneth V. McNutt>>