3 ms·
Ponder for a second what it means for the Fed to "buy" Treasury Notes by simply increasing the database entry for the seller's account. I think you will see tha
by marcoperaza 9y ago
Ponder for a second what it means for the Fed to "buy" Treasury Notes by simply increasing the database entry for the seller's account. I think you will see that Wallace is right that this is effectively "printing money".