That is the whole purpose of the OP. The Govt does not have the ability to create money to spend. So it has to go through an intermediary... which...
You are completely losing track of the accounting process that works throughout the system to create money and now you are just making false...
This is false and you will not stop making this false claim, so I'm going to stop responding to this lie you keep on perpetuating. You would buy...
False, someone has a deposit which is an asset to the depositor and someone has a treasury which is an asset to the holder. It creates assets...
http://www.newyorkfed.org/research/staff_reports/sr380.pdf Chicken or the egg. It doesn't matter if the Fed created it first or second, the fact...
Don't be silly, you know I'm speaking in macro terms. This is a logical fallacy, since I have proven that banks had over $800 billion in...
The Govt debt is an asset in which deposits are created. The point is the Govt has to credit our accounts first before we have the money to...
This is a lie Iriemon and you know it. You are making the assumption that all Govt debt is purchased by the nonbank public so Government spending...
The Fed purchases assets that were purchased with EXISTING money. The Fed does not create money. The money still exists in the form of deposits,...
They hold the debt because they were given the money to purchase it. This is based on pure assumptions. I have already proven that Primary...
When is Fox News not lying?
People have a problem understanding the difference between real spending and deficit spending. Obama has not spent that much money in a relative...
This is false... Government deficit spending adds money to the pool before it ever takes it. That is simple logic. And this is exactly why...
The Government is not revenue constrained... where a household is.
All I was implying was we do not have a production problem here in America. We have a demand problem.
Ridiculous how you even came to this conclusion based on my post.
The way we measure economic growth is through GDP. GDP = Consumption + Investment + Deficit Spending + Foreign Trade Balance This basically...
You don't say it but every thing you argue about is your disliking for the Government. You are pure anti-Government and anti science.
I've seen enough words come out of your mouth to understand you have an extreme hatred for the Government.
So why do you hate the Government so much?
Face it, you guys are party over country! Embarrassing!
And you never received any Government benefits during this entire process?
Yes they are! They are because their constituents want America to fail!
The statement is "Republican's want the economy to fail"... This statement is 100% factual!
People just need to think of it like this. The Govt and Banks create deposits The Fed creates Reserves/Currency
Separate names with a comma.