Wednesday, September 5, 2012

Printing Money Has Stopped Working

They technically do not print the physical money. They just "lend" it out ( or at rates so low they just give it for free ) through digital accounts for banks. It doesn't matter if they don't print the actual dollar they still increase the money supply with digital dollars. Besides physical paper dollars only account for a single-digit percent (conservative estimation) of the total US dollar money supply.

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