Meric
"The US Treasury passes the proceeds to the US Government, who spends the money on Transfer Payments to US citizens by depositing in their bank accounts, putting money back into the commercial banking system. "
Firstly, the US Treasury is the US Government.....
The rest sounds like normal government spending which forms part of the budget and funding process. That is sits on the US Treasury balance sheet, which is quite separate to the Fed balance sheet where the QE items are found.
It is easier to understand all of this if you don't mix the two.
- Forums
- Commodities
- GOLD
- Huge short squeeze developing?
Huge short squeeze developing?, page-32
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
SPONSORED BY The Market Online