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Non-Cattle Specific Topics
Coffee Shop
Chinese Republic of Texas
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<blockquote data-quote="Margonme" data-source="post: 1377707" data-attributes="member: 25776"><p>bball stated:</p><p></p><p><strong>Of course the physical act of printing money is done by US treasury; however, i believe Butch's point is that the FR dictates the printing (behind the scenes) no secret (anymore) that when the FR wants more money printed, it gets printed. Its the great 'blank check' keeping this country afloat.</strong></p><p></p><p>bball: for most purposes, the greater exchange in the conduct of Commerce by our economy is not with printed money. In fact, the day is coming when all transactions will be electronic.</p><p></p><p>PS: one thing you did not explain for SOB. The statement that money that is printed and placed into circulation, DOES NOT ORIGINATE HERE????</p></blockquote><p></p>
[QUOTE="Margonme, post: 1377707, member: 25776"] bball stated: [b]Of course the physical act of printing money is done by US treasury; however, i believe Butch's point is that the FR dictates the printing (behind the scenes) no secret (anymore) that when the FR wants more money printed, it gets printed. Its the great 'blank check' keeping this country afloat.[/b] bball: for most purposes, the greater exchange in the conduct of Commerce by our economy is not with printed money. In fact, the day is coming when all transactions will be electronic. PS: one thing you did not explain for SOB. The statement that money that is printed and placed into circulation, DOES NOT ORIGINATE HERE???? [/QUOTE]
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