Replies to Msg. #724495
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 Msg. #  Subject Posted by    Board    Date   
60957 Re: Top Customer: Under Obama, Fed�s Holdings of U.S. Debt Have Jumped 452%
   zimbler ...if ya ever read "Catch 22", ya would understand that the f...
ribit   POPE   13 Jun 2012
9:24 PM
60862 Re: Top Customer: Under Obama, Fed�s Holdings of U.S. Debt Have Jumped 452%
   And they closed out my TIP and gave me my money back. The interest was...
DGpeddler   POPE   13 Jun 2012
5:18 AM

The above list shows replies to the following message:

Re: Top Customer: Under Obama, Fed�s Holdings of U.S. Debt Have Jumped 452%

By: Zimbler0 in POPE
Wed, 13 Jun 12 4:02 AM
Msg. 60858 of 65535
(This msg. is a reply to 60711 by snapits)
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Snapits> Ya know, I still aint "got it" how the fed can
borrow money FROM the fed and buy bonds with it
FROM the fed.



Short answer,
'They' printed the money to lend themselves.
And then played charades to keep folks from
figuring out how 'We' got screwed.

(Kind of like a company printing up lots and lots
more shares . . . 'They' sell them to stuff more
money in their pockets while the value of the shares
we own plummets.)

Zim.




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