"The fact it is used to buy TBills is irrelevant:" Heyzeus its extremely relevant. HNers are having conspiracy issues with this. * Obviously if there is goin

"The fact it is used to buy TBills is irrelevant:" Heyzeus its extremely relevant. HNers are having conspiracy issues with this. * Obviously if there is going to be more money in circulation, it needs be 'created' somehow * But that it is traded for a specific asset, which is kept on a balance sheet - and the 'reverse' can be done to pull the currency out of circulation - is * hugely relevant *.