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Offline flowers

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« on: August 20, 2013, 11:12:36 AM »


Offline xfreeper

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« Reply #1 on: August 20, 2013, 04:26:09 PM »
In other words, that's what we owe ourselves after buying securities from ourselves because no one else would buy them

Offline Oceander

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« Reply #2 on: August 21, 2013, 08:03:46 PM »
In other words, that's what we owe ourselves after buying securities from ourselves because no one else would buy them

Yes, but we didn't buy them with real value, we simply printed more fiat money - extra greenbacks - to "buy" that debt, thereby simply priming the pump for inflation by dumping worthless dollars - worthless because not exchanged for real value - into the economy.


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