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No, the debt I’m talking about is the Fed’s own. They leant fictitious money to themselves (quantitive easing). It’s included in the public debt, but it’s not a
by jahewson 8y ago
No, the debt I’m talking about is the Fed’s own. They leant fictitious money to themselves (quantitive easing). It’s included in the public debt, but it’s not a literal debt of the U.S. government, which a is separate, massive debt.