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To: KeepItSimple who wrote (209037)12/11/2002 1:50:27 PM
From: reaper  Read Replies (2) | Respond to of 436258
 
the Fed doesn't actually have a magic printing machine. it has a magic credit creation machine. if the credit created is backed by specious assets, and/pr is not invested in NPV-positive projects, then they can "print" all they friggin' want and it won't change a damn thing.

Cheers