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Lowering the interest rate isn't printing money, it's making the money they print to give out as loans to corrupt banks cheaper to obtain, thereby causing them
by danenania 16y ago
Lowering the interest rate isn't printing money, it's making the money they print to give out as loans to corrupt banks cheaper to obtain, thereby causing them to print more of it. Where do you think they get the money for these loans? The Fed's whole reason for existence is to create money. Greenspan or Bernanke would tell you that.