  
How the U.S. Government Is Footing the Stimulus BillQuicklink Submitted By Amanda Lang 1 comment
|
|
| So let me see if I have this straight. The Fed prints money based on the sales of United States Treasury bills, which the U.S. Treasury sells to investors so it can write checks to the Fed so the Fed can print money. If the Fed is the buyer of T-bills, then isn't that like kiting a check to yourself from your own account at a different bank? Is this how the debt/money supply thingy works? |
| Rate It | View Ratings |
Amanda Lang Social Media Pages: 
OpedNews volunteer from 2005 to 2013.
Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.
OpEdNews depends upon can't survive without your help.
If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.
To View Comments or Join the Conversation:
