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Not true. The government sells bonds to suck money out of the economy, and buys them back to add more. How the fed operates. Inflation is like ante at a pok
by blazespin 7y ago
Not true. The government sells bonds to suck money out of the economy, and buys them back to add more. How the fed operates.
Inflation is like ante at a poker game. Without the ante, everybody would just keep folding until they get the nuts and there would be no action.
- jldugger 7y ago> The government sells bonds Well, it's how the FOMC operates. There's plenty of state and local bonds issued that match the model. But if you want to play the #notallbonds card, be my guest.