lets have a rational discussion about us debt, page-42

  1. 1,418 Posts.
    Cranking up the printing press stuff. The banks certainly ain't pumping out money in the US at present.

    You know, the feds bought a lot of Faddies and Frennies' debt.

    The UK has happily been printing money. The just get the Royal Bank to buy govt debt with a computer transaction and viola - new money for the govt to spend, but no one has actually provided them that money from their saving etc. It's just come straight out of thin air.
 
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