NPR discussion

[Skip to the end] >    >   (email exchange) >    >   On Mon, Sep 14, 2009 at 10:45 AM, wrote: >    >   By the way, you didn’t hear NPR this morning, but there was the usual hagiography >   about how the Fed averted a Great Depression last year because it “created” >   trillions of dollar to support the banking system. >    >   But my understanding is that ONLY the Treasury creates money [...]
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