Exactly. I'm not playing your games.
The Fed's got fat stacks yo.
They're buying shit, not selling it. Duh.
I'm glad you're not playing.
Confusing the budget with the Fed's balance sheet......sheesh.....you don't even know there's a game.
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Exactly. I'm not playing your games.
The Fed's got fat stacks yo.
They're buying shit, not selling it. Duh.
I'm glad you're not playing.
Confusing the budget with the Fed's balance sheet......sheesh.....you don't even know there's a game.
We were discussing rates. Sorry you came in late and were too lazy to follow the conversation.
And I was talking about the balance sheet.
Which you apparently had never heard of. LOL!
I answered your question. You gave a flippant response because I did. They don't "reinvest".
I answered your question.
You mean when you claimed reinvesting is creating money out of thin air?
The money used to invest in the first place was indeed created out of nothing.