Feds Begin Buying U.S. Treasuries Bonds
Written by admin on March 25, 2009 – 11:50 pm -No net increase in the money supply . But when the Fed buys a Treasury bond it creates the money to buy it…and thus the money supply increases. It’s called “monetizing the debt” - or converting debt into currency
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Feds Begin Buying U.S. Treasuries Bonds
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