Comments on: Fed Implode-o-Meter http://blownmortgage.com/2008/10/31/fed-implode-o-meter/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Sat, 14 Nov 2009 14:41:57 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: w http://blownmortgage.com/2008/10/31/fed-implode-o-meter/comment-page-1/#comment-71432 w Wed, 05 Nov 2008 13:38:16 +0000 http://blownmortgage.com/?p=1549#comment-71432 The Fed doesn't "spend" the money it lends out. And it doesn't "finance" it. It prints it. (Well, they did sell quite a lot of treasuries, but are now lending out far, far more.) <br><br>The author knows this as he says "Ordinarily, an increase in the money supply of this magnitude would be highly inflationary". If the Fed were borrowing the money it would be no increase of the money supply.<br><br>The Fed printing money to fight deflation should be no surprise to anyone who knows how "Helicopter Ben" got his nickname. The Fed doesn't “spend” the money it lends out. And it doesn't “finance” it. It prints it. (Well, they did sell quite a lot of treasuries, but are now lending out far, far more.)

The author knows this as he says “Ordinarily, an increase in the money supply of this magnitude would be highly inflationary”. If the Fed were borrowing the money it would be no increase of the money supply.

The Fed printing money to fight deflation should be no surprise to anyone who knows how “Helicopter Ben” got his nickname.

]]> By: w http://blownmortgage.com/2008/10/31/fed-implode-o-meter/comment-page-1/#comment-12084 w Wed, 05 Nov 2008 12:38:16 +0000 http://blownmortgage.com/?p=1549#comment-12084 The Fed doesn't "spend" the money it lends out. And it doesn't "finance" it. It prints it. (Well, they did sell quite a lot of treasuries, but are now lending out far, far more.) <br><br>The author knows this as he says "Ordinarily, an increase in the money supply of this magnitude would be highly inflationary". If the Fed were borrowing the money it would be no increase of the money supply.<br><br>The Fed printing money to fight deflation should be no surprise to anyone who knows how "Helicopter Ben" got his nickname. The Fed doesn't “spend” the money it lends out. And it doesn't “finance” it. It prints it. (Well, they did sell quite a lot of treasuries, but are now lending out far, far more.)

The author knows this as he says “Ordinarily, an increase in the money supply of this magnitude would be highly inflationary”. If the Fed were borrowing the money it would be no increase of the money supply.

The Fed printing money to fight deflation should be no surprise to anyone who knows how “Helicopter Ben” got his nickname.

]]> By: oc bear http://blownmortgage.com/2008/10/31/fed-implode-o-meter/comment-page-1/#comment-12083 oc bear Sat, 01 Nov 2008 02:47:32 +0000 http://blownmortgage.com/?p=1549#comment-12083 I know one group that's been forced to lend. Taxpayers. I know one group that's been forced to lend. Taxpayers.

]]> By: billrice (Bill Rice) http://blownmortgage.com/2008/10/31/fed-implode-o-meter/comment-page-1/#comment-14426 billrice (Bill Rice) Fri, 31 Oct 2008 23:30:18 +0000 http://blownmortgage.com/?p=1549#comment-14426 Anyone have this domain name? http://bit.ly/2o5onV Maybe should go with Central Bank Implode-O-Meter so you could have more than one post Anyone have this domain name? http://bit.ly/2o5onV Maybe should go with Central Bank Implode-O-Meter so you could have more than one post

]]> By: billrice (Bill Rice) http://blownmortgage.com/2008/10/31/fed-implode-o-meter/comment-page-1/#comment-14427 billrice (Bill Rice) Fri, 31 Oct 2008 23:30:18 +0000 http://blownmortgage.com/?p=1549#comment-14427 Anyone have this domain name? http://bit.ly/2o5onV Maybe should go with Central Bank Implode-O-Meter so you could have more than one post Anyone have this domain name? http://bit.ly/2o5onV Maybe should go with Central Bank Implode-O-Meter so you could have more than one post

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